How FTIL changed the way the world perceives the Indian Stock Markets
Financial Technologies (India) Ltd. (FTIL) is India’s leading financial service companywhich drives a mass disruptive innovation, unparalleled in the financial sector. Over the years, the company has attained commendable success and emerged as the global leader in creating technology-driven futuristic financial markets.
It is pioneering the financial sector by providing expert and state-of-the-art Exchange Solutions, Brokerage Solutions, Messaging, Consultation, and Risk solutions. The company has spearheaded multi-asset-class trading technologies which aided the Indian markets to expand their reach all over the country.
In a short span of time, FTIL has established benchmarks of excellence and emerged as the path breaker in the exchange industry. The company has revolutionized exchange operations in India, which was nowhere nearthe globally recognized exchanges till the early 2000. It was the time when hardly a product or two were traded on the exchanges. Backed up with a proficient leadership, the company launched a wide range of exchanges in India.
FTIL has to its credit the honour of developing exchange – traded derivatives markets covering every sphere that India has witnessed in the post-reform period. It has aided a number of businesses and enterprises to safeguard their business and growth from price risk.
Multi Commodity Exchange of India (MCX) was the first exchange launched by the Financial Technologies Group that eventually emerged as one of the leading commodity exchanges in India. Owing to its professional expertise and excellent track record of the promoters, MCX obtained the license to trade in commodity futures. The Founder and Chief Mentor of the group, Mr Jignesh Shah dreamt of making India, once again, “the commodity trading hub between Tokyo and London.”
With the launch of MCX, India emerged as the pioneer of commodity trading. Its success has set a commendable precedent for the exchange industry.