Some great milestones achieved by 63 moons

63 moons technologies limited (formerly known as FTIL Group) was among the first companies in the mid-90s to make financial market trading products from India and its ODIN suite of products has a second largest market share in Trading Terminal segment globally.

Built with painstaking attention by the promoter company FTIL to ensure quality and best-in-class infrastructure, the companies attracted industry leaders from across the world and good valuation during the acquisition process. MCX, set-up by FTIL, is the second largest commodities exchange in the world in a short span of 10 years and is also recognized for multiple innovations in the world.

IEX, set-up by FTIL, went on to become India’s No. 1 energy exchange and among the leading exchanges globally. NBHC, set-up by FTIL, also ranked India’s No.1 private sector warehouse management Company and among the top leaders in the segment in Asia. SMX and DGCX, international exchange ventures set-up by FTIL in Singapore and Dubai, are the leading exchanges in Asia and the Middle East.

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63 moons technologies: A key contributor to India’s growth

63 moons technologies, led by innovator founder, Mr. Jignesh Shah, established strong connect with physical markets and the real economy. Commodities exchange and its ecosystem have created a huge network of players in the real economy with opportunities for gainful business and sustainable incomes.

Exchanges and ecosystem ventures were job-oriented,

revenue-generating, employment intensive and creating newer types of

jobs and vocations. A national study showed creation of a million jobs by

MCX alone with its extensive connect with real economy players.

The 63 moons Group has significantly contributed to the tax revenue without seeking any subsidies or tax reliefs like the IT sector. The operations of the exchanges and ecosystem institutions generated a number of taxes,

such as sales tax, income tax, VAT, STT, and CTT.

Gramin Suvidha Kendra, set up in collaboration with India Post to expand

the reach and access to the commodity exchange extended benefits to

farmers and other producers in the rural areas.

Created capacity in organized markets, making much-needed

transformation of the real economy. All the exchanges and ecosystem

institutions of the Group were in the organized sector.

63 moons have extended the scope for competition in Indian financial markets, thereby contributing to efficiency.

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