Metropolitan-Member Activation Drive/ Clearing House Strengthening

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October 02, 2017

Trading Starts (?) in Metropolitan Stock Exchange- PLEASE RECHECK

BLOG CAUTION : Please Recheck All Information

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UP Electricals shares ( Rs. 2 paid up ) are Exclusively Listed in Metropolitan Stock Exchange 

On 29/09/2017 there seems to have taken a sizable Trading in its shares ( around 11,000 shares worth Rs.19 Lakh ) in the Shares Segment of Metropolitan Stock Exchange.

Please Click 

https://www.msei.in/markets/Equity/Get-Quotes/default.aspx?symbol=UPELECT&series=BE

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If UP Electrical shares can trade in Metropolitan then so can all other shares Listed / Permitted in this Stock Exchange.

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There have been Unconfirmed Reports that some Dealers of Unlisted shares have shown interest in taking up membership of Metropolitan ( PLEASE RECHECK ).

Contract Notes of Members would be valid for claiming exemption of  Long Term Capital Gains Tax. 

https://www.msei.in/members/Membership/Introduction.aspx

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"Among the incentive schemes, the exchange is reimbursing clearing fee paid by its trading members to their clearing members which will reduce the transnational cost of brokers.----------

Meanwhile, MSE also recently announced a rights issue.

"The proceeds shall be utilised for further capitalisation of its subsidiary Metropolitan Clearing Corporation and fund strategic business interests," MSE said.

source

http://businessworld.in/article/MSE-Starts-Drive-To-Give-Various-Incentives-To-Brokers/20-09-2017-126645/

also , please click

https://www.msei.in/SX-Content/Press-Coverage/2017/September/PC-ENGLISH-21-SEP-2017-FINANCIAL-EXPRESS-MSE-STARTS-DRIVE-TO-GIVE-INCENTIVES-TO-BROKERS.pdf

For Metropolitan Clearing Corporation , please click :-

https://in.linkedin.com/company/metropolitan-clearing-corporation-of-india-limited

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There are unconfirmed reports of  discussions in the share markets  ( which please Recheck ) that with the Recent Rights Issue ( 2017 @ Re 1 / 30 p ) long pending funding of the Clearing House of Metropolitan Stock Exchange would be complete and that SEBI has , already , extended its recognition to Metropolitan till Sept 2018.

Once trading in shares starts in Metropolitan ,  Exclusively Listed Shares in Metropolitan would zoom.  ( there are around 200 ELC - mainly from earlier Regional Stock Exchanges  )

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Blog Caution : Please do not take any Investment Decision based on this. PLEASE RECHECK INDEPENDENTLY 

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September 28, 2017

Metropolitan- SEBI Extends Licence by 1 year- Please Recheck

Important : Please Recheck This Before Taking Any Investment Decision.

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No. SEBI/LAD-NRO/GN/2017-18/017.—The Securities and Exchange Board of India, having considered the application for renewal of recognition made under section 3 of the Securities Contracts (Regulation) Act, 1956 by Metropolitan Stock Exchange of India Limited, having its registered office at 4th Floor, Vibgyor Tower, Plot No. C 62, G Block, Bandra Kurla Complex (BKC), Bandra (E), Mumbai- 400098 and being satisfied that it would be in the interest of trade and also in the public interest so to do, hereby grants, in exercise of the powers conferred under section 4 of the Securities Contracts (Regulation) Act, 1956, renewal of recognition to the said Exchange under section 4 of the said Act for a period of one year commencing on the 16th day of September, 2017 and ending on the 15th day of September, 2018 in respect of contracts in securities subject to the conditions stated herein below or as may be prescribed or imposed hereafter:

• The Exchange shall comply with conditions as may be prescribed by SEBI from time to time.

MADHABI PURI BUCH, Whole Time Member

Source

http://mgsadvisors.in/important-update-view.php?link=renewal-of-recognition-to-metropolitan-stock-exchange

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.Metropolitan's Rs.856 cr Claim- Case With NCLAT

http://m.thehindubusinessline.com/markets/stock-markets/nclat-to-hear-856cr-predatory-pricing-case-against-nse-on-oct-10/article9874459.ece

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September 21, 2017

Metropolitan Rights Issue Open Till 30/09/17

Rights Issue @ Re 1 / 30 p Opened 16/09/2017

Last Day For Split : 20/09/17

Rights Issues Closes on 30/09/2017

https://www.msei.in/SX-Content/common/MCX-SX-About-Us/formsotherdownloads/2017/September/Part-C.pdf


( Please Read Top Left  Corner )

Blog : Please Recheck All Information ; No Responsibility

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It appears some shares of Metropolitan Stock Exchange PLEASE RECHECK )   are available for Sale / Purchase with Dealers of Rare Indian Shares.