In 2009, MCX Stock Exchange (MCX-SX) “informed” the Competition Commission of India (CCI) that the National Stock Exchange of India (NSE) was acting anti-competitively in the nascent market for currency derivatives. Both NSE and MCX-SX provide platforms for trading instruments such as US Dollar-Indian Rupee currency futures of differenhttp://www.blogger.com/img/blank.gift maturities. MCX-SX essentially complained that NSE was using predatory pricing to drive its competitor out of the market, using its dominant overall position in providing trading platforms for financial instruments (especially equities), and resulting deep pockets.
More...
No comments:
Post a Comment