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We are selling unlisted shares of Metropolitan Stock Exchange of India (MSEI) at attractive rates. MSEI Share Price Today is given below. MSEI is the most traded stock in grey market.
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Metropolitan Stock Exchange of India (MSEI), India’s new stock exchange, is recognised by Securities & Exchange Board of India. It is India’s third functional and recognised stock exchange after BSE and NSE. For more details https://www.msei.in/
A clutch of financial institutions now own more than 34 per cent of MSEI, as do investors including Rakesh Jhunjhunwala, Radhakishan Damani and Nemish Shah, according to bourse’s website.
The MSEI got 250 companies to list exclusively on its venue — most of whom migrated from the 15 regional bourses the market regulator shut down three years ago — and slashed fees and transaction costs to levels it claims are the lowest in the country.
In March 2019, Bank of England (BoE) has granted recognition to the clearing corporation (CC) of Metropolitan Stock Exchange of India (MSEI) for routing trades from the UK to India’s stock exchanges. In preparation for Brexit, UK-based entities have to get trades routed from a CC approved by the BoE for transactions in India. The move is significant as UK-based foreign institutional investors may be able to route their orders through the MSEI CC for trading in Indian markets once interoperability between CCs kicks in from June 1. Clearing corporations of both the BSE and the NSE are yet to receive such approval from the BoE.