Tuesday 20 March 2018

A successful ‘Made in India’ story

A trading platform that is a market leader, a commodity exchange that is world’s third largest, an extensive ecosystem for the faster growth of
financial markets, India’s footprints in international finance, a pioneering growth story made by an Indian with his vision and expertise and solely directed towards the benefit of Indians.



The entry of FTIL into the exchange space brought competition that benefited the stakeholders enormously. FTIL put up efficient alternatives virtually in every asset class that had a very positive impact on growth and productivity.

63 moons technologies, earlier known as Financial Technologies India Limited,  has been instrumental in creating and changing the landscape of various market segments and building global size and significance. Most of the market infrastructure that was created was in greenfield ventures with FTIL vision making each of these ventures into markets of national importance.

The growth story of Financial Technologies is about empowering people. Technology solutions enabled even small brokers access to business opportunities. The benefits of MCX have flowed to people of India as the whole value chain consisted of local traders, agriculturists, processors, warehousing professionals and those offering support services. Its listing benefited lakhs of retail investors. MCX-SX created a special membership for rural entrepreneurs. Members were offered financial education programmes and other professional development opportunities. Emphasis was laid on gainful economic opportunities for the youths and women.

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