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Balasubramaniam Venkataramani appointed as MD & CEO of Multi Commodity Exchange

Balasubramaniam Venkataramani succeeded Manoj Vaish as Managing Director (MD) and Chief Executive Officer (CEO) of Multi Commodity Exchange (MCX). Prior to this appointment, Venkataramani was Chief Business Officer of Bombay Stock Exchange (BSE).

Feb 16, 2015 18:12 IST
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Balasubramaniam Venkataramani was on 13 February 2015 appointed as Managing Director (MD) and Chief Executive Officer (CEO) of Multi Commodity Exchange (MCX) Limited. He succeeded Manoj Vaish.

Prior to this appointment, Venkataramani was Chief Business Officer of Bombay Stock Exchange (BSE).

The post of MD & CEO of MCX was lying vacant since May 2014 when the then MD & CEO Manoj Vaish resigned. Since then, Joint Managing Director of MCX PK Singhal was looking after the day-to-day operations of the exchange.

Multi Commodity Exchange (MCX) Limited

• The MCX is India’s first listed commodity futures exchange firm that facilitates online trading, clearance and settlement of commodity futures transactions.
• MCX began functioning in November 2003 and operates within the regulatory framework of the Forward Contracts Regulation Act, 1952 (FCRA, 1952).
• MCX offers futures trading in bullion, ferrous and non-ferrous metals, energy, and a number of agricultural commodities including cardamom, potatoes, palm oil and others.

 

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