Multi Commodity Exchange of India Limited (MCX) has deposited ₹1,00,00,000 into the MCX Investor Protection Fund for a technical glitch. Additionally, its subsidiary, Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), deposited ₹50,00,000 into the Core Settlement Guarantee Fund of MCXCCL for another technical issue. These deposits serve as financial disincentives.
Financial Disincentive Deposits
Multi Commodity Exchange of India Limited (MCX) has deposited ₹1,00,00,000 (Rupees One Crore Only) into the “MCX Investor Protection Fund.” This deposit serves as a financial disincentive due to a technical glitch experienced by the exchange.
MCXCCL Deposit
Furthermore, Multi Commodity Exchange Clearing Corporation Limited (MCXCCL), a subsidiary of MCX, has deposited ₹50,00,000 (Rupees Fifty Lakh Only) into the “Core Settlement Guarantee Fund of MCXCCL”. This deposit also acts as a financial disincentive related to another technical glitch.
Source: BSE
