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MCX to launch 10-gm gold futures contract soon, after testing tech platform
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₹151.38 crore in Q1 and a similar rise in profit after tax to ₹110.92 crore. A year earlier, the MCX was saddled with heavy software costs after severing ties with technology vendor 63 moons.
The contract with 63 moons ended in 2022 and the MCX migrated to the tech platform developed by TCS in October last year. The exchange plans to launch electricity futures after a joint committee set up by Sebi and the Central Electricity Regulatory Commission arrive at an agreement on the proposal.
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