SEBI Renews MCX Clearing Corp.'s Licence For Three Years

The Securities and Exchange Board of India has extended the recognition of Multi Commodity Exchange Clearing Corp. by another three years, till July 30, 2028, according to a gazette notification.

The clearing corporation, a wholly-owned arm of Multi Commodity Exchange of India Ltd., will continue operations under this renewed licence, provided it complies with all regulatory requirements laid down by SEBI.