while NSE-promoted NCDEX competes with MCX in commodity futures trading.
Jignesh Shah-led Financial Technologies (India) Ltd, holds 26 per cent stake in MCX, while other major investors include Fidelity Funds (5 per cent), Passport Capital (4.9 per cent), Aginyx Enterprises (4.79 per cent), NYSE Euronext (4.73 per cent), IFCI (4.79 per cent) and Nabard (3.06 per cent).
MCX shares have seen strong market interest in the recent days, especially since a major payment crisis involving about Rs 5,500 crore broke out at a group entity, National Spot Exchange Ltd (NSEL), late last month.
While there are no official words, the market is rife with speculations that MCX might eventually see a new investor acquiring majority control and the names doing the round include those of at least rival commodity exchanges and some private equity players, among others.
This has helped MCX shares soar sharply from a 52-week low of Rs 238.30 on August 19 to Rs 306.90 currently. The shares rose by 5 per cent today at the BSE.