Multi Commodity Exchange Archives

Gold futures, maturing on June 5, 2024, stood at Rs.72,302 per 10 grams on the MCX

Economy

Gold prices surge amid escalating Middle East conflicts

PGurus Newsdesk - April 15, 2024 1

Israel-Iran war continues to fuel gold prices On Monday, Gold prices surged on the Multi Commodity Exchange (MCX) tracking the global market for the precious...

Gold prices have now been scaling record highs over each of the last seven trading sessions

Economy

Gold and silver prices hit record highs, hovering around $2,299.87 and...

PGurus Newsdesk - April 4, 2024 0

Gold prices soar to new high for the seventh day in a row On Thursday, the process for the precious yellow metal soared to a...

SEBI wants MCX to do an internal investigation to probe what led to the data theft. In other words, those involved will be investigated by those close to them and working in tandem. This has sparked outrage in Mumbai.

Business

SEBI wakes up to mess in Karvy, sleeps on Co-location scam

Shantanu Guha Ray - December 8, 2019 0

Why are the agencies going slow, or even not moving at all, in such a serious matter that impacts faith in markets? Market regulator Securities...

Instead of conducting a deeper investigation to unravel the full nexus for data theft that took place at MCX, SEBI has asked MCX itself to do its own ‘internal assessment.’

Business

Data theft at exchanges: SEBI’s scandalous inefficiency

Team PGurus - November 26, 2019 9

The joke is on India’s retail investors. Pitifully ludicrous as it would be but a ‘gang of data thieves’ are rejoicing the level of...

SEBI appears to be looking the other way and not looking at serious conflict of interest issues at MCX

Business

Trading in MCX shares: Will SEBI investigate India’s La Rajat Gupta...

Team PGurus - November 13, 2019 7

Just imagine. One of your key official partners is a board member of a large listed company, the shares of which you are heavily...

Business

Cease and Desist letter from MCX attorney firm

Team PGurus - September 17, 2019 1

PGurus received a Cease and Desist letter from L & L Partners Litigation, representing Multi Commodity Exchange (MCX) on a couple of articles that...

The Draft Forensic Audit Report by T R Chadha & Co. of MCX on their live data sharing with IGIDR shows similarities with the NSE co-location scam

Business

Illegal sharing of confidential trade data by MCX to Susan Thomas,...

Sree Iyer - May 25, 2019 1

External Auditor’s damning report on MCX The Securities and Exchange Board of India (SEBI), as well as the Audit Committee of Multi Commodity Exchange of...

Will SEBI say that the MCX episode was a mere procedural lapse like that of NSE since the same set of players are involved?

Business

MCX data scandal: Tip of an iceberg or case closed for...

Team PGurus - May 15, 2019 5

PGurus has listed out certain violation at the Multi Commodities Exchange (MCX) and would like to leave it to the government, investigative agencies and...

Will SEBI sweep under the carpet the shenanigans at MCX too?

Business

Happenings at MCX – Part II. For SEBI, ignorance is bliss?

Team PGurus - May 1, 2019 2

Part 1 can be accessed at India’s Algo trading scandal: a Tale of Two Exchanges and One Somnolent Regulator (SEBI) 'Practice what you preach,’ is an...