MCX-SX's turnover crosses Rs 2,000-cr mark

The country's newest bourse MCX-SX on Friday crossed the turnover of Rs 2,000 crore mark in less than six months of launch.

The exchange had begun live trading in equities and equity derivatives from February this year.

Besides, the turnover of MCX Stock Exchange (MCX-SX's) flagship index 'SX40' increased to Rs 1,925.74 crore on its derivatives segment. The bourse had launched derivatives trading on its benchmark index, SX40, in May 15.

"Turnover in equity futures and options stood at Rs 218.85 crore, taking the total exchange turnover to Rs 2,294.93 crore," MCX-SX said in a statement.

The exchange has witnessed its first bulk and block deal this week. It had started listing services in May.

MCX-SX said its average daily turnover (for equity, equity derivatives and index derivatives) increased from Rs 11 crore in the first month to over Rs 1,300 crore in July so far.

In case of SX derivative segment, average daily volumes doubled to about Rs 1,000 crore in July from Rs 500 crore in June.

MCX-SX is the third full-fledged equity bourse after BSE and NSE.