Section II - Business & Financial Highlights
 
www.ftindia.com
BUSINESS HIGHLIGHTS
 
 
                 
 
 
  • Financial Technologies (India) Ltd. (FTIL) was successfully certified to ISO 27001:2005 and ISO 9001:2000
  • Indian Energy Exchange (IEX) - India’s 1st electricity bourse jointly promoted by FTIL and Power Trading Corporation (India) Ltd., commenced operations
 
April – June
 
 
  • NYSE Euronext acquired 3.9 million equity shares of Multi Commodity Exchange (MCX) at Rs 559.21 per share through its affiliate Euronext NV
  • Launched Singapore Mercantile Exchange (SMX), a commodity futures exchange in Singapore, to trade in commodities, currencies and commodity indices
  • Launched Direct Market Access - DMA LIVE, which together with FTNET provides international market connectivity and access to over 80% of Indian brokerage and institutional market
 
July - September
 
 
  • MCX Stock Exchange, a pan India currency futures exchange, commenced operations
  • atom technologies became India’s first m-payment provider to receive VISA PABP certification
  • National Spot Exchange Ltd. (NSEL) - India’s first online spot trading platform, promoted by FTIL and NAFED, commenced operations
  • FTIL ranked third among the Top 100 profitable companies by Business World magazine in October 2008
  • Financial Technologies Group acquired 60% stake in Botswana based Bourse Africa Ltd. to set up a pan African spot & derivatives exchange
  • FTIL ranked 11th in Business India’s list of Super 100 companies with respect to efficient use of capital employed (ROCE)
 
October – December
 
 
  • MCX launched futures trading in Electricity, the first Indian exchange to do this
  • FTIL was bestowed with the ‘Golden Peacock Innovative Product / Service Award -2008’ for its product,
    ODIN™ X Plaza, a fully managed gateway offering trading facility for exchange members, their dealers and clients through internet
  • Launched Bahrain Financial Exchange (BFX), the first-of-its-kind exchange in the Middle East to trade in equities, commodities, bonds, currencies and Islamic finance instruments or Sharia-compliant products
  • FTIL repurchased zero coupon Foreign Currency Convertible Bonds (FCCB) for US$ 7.02 million
  • MCX clocked a record turnover of Rs 320 billion (single sided) at the close of trading hours on
    19th March 2009
  • MCX was ranked 4th amongst Asia’s commodity bourses on the basis of trading volumes by Washington based Futures Industry Association (FIA)
 
January – March
 
 
  QUARTER 1  
 
  QUARTER 2  
 
  QUARTER 3  
 
  QUARTER 4