NYSE Euronext sells 5 lakh MCX shares

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SummaryNYSE Euronext on Thursday offloaded 5.65 lakh shares of MCX for an estimated Rs 24 crore.

Global exchange giant NYSE Euronext on Thursday offloaded 5.65 lakh shares of Multi Commodity Exchange of India Ltd (MCX) for an estimated Rs 24 crore.

According to information available with the bourses, NYSE Euronext sold 5.65 lakh shares of MCX through the open market route.

The shares were offloaded at an average price of Rs 427.02 apiece, valuing the transaction at Rs 24.12 crore. NYSE Euronext, which runs leading bourses in the US and Europe, held 4.73% stake or 24,12,767 shares of MCX at the end of September quarter.

NYSE Euronext is a leading global operator of financial markets and provider of innovative trading technologies.

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