Formerly | Financial Technologies (India) Limited |
---|---|
Company type | Public company |
BSE: 526881 NSE: 63MOONS | |
Industry | Computer services on finance/banking [1] |
Founded | 12 April 1988 [2] |
Headquarters | Mumbai, India |
Key people | S Rajendran, Managing Director and CEO Venkat Chary, Chairman [3] |
Products | Software |
Revenue | ₹4.926 billion (US$59 million) [4] (March 2017) |
Number of employees | 857 [5] (December 2016) |
Website | www |
63 Moons Technologies Limited (stylised as 63 moons technologies), formerly Financial Technologies (India) Limited until 2016, [6] [7] [8] is an Indian company which provides technology solutions to financial platforms and supports the creation of digital marketplaces.
It is headquartered in Mumbai, India and was founded in 1988 by Jignesh Shah. [9] [10] The company offers technology-based intellectual property to create and trade on financial markets. [11] It had its first IPO in 1995. The company introduced its first commodity derivatives trading platform, the Multi Commodity Exchange (MCX) in 2003. [12] FTIL has divested of its domestic and international ventures. [13]
Atom Technologies Ltd. is a digital payment service providers, offering payment collection facilities over Internet, IVR, Mobile App and Point of sale using credit, debit, net banking, cash cards and IMPS. [14] FTIL divested a controlling stake to NTT Data Corporation in late 2018. [15]
TickerPlant is an analytics platform with real-time streaming of market information on domestic and international exchanges as well as OTS markets. In the areas of commodities, forex and equity, TickerPlant provides IT-enabled services. [16] The global financial content provider has also launched its own cryptocurrency super application called CryptoWire. [17] [18]
The company launched many domestic and international ventures. It owned several subsidiaries that included National Bulk Handling Corporation (NHBC), [19] Multi Commodity Exchange (MCX), Dubai Gold & Commodities Exchange (DGCX), [20] Indian Energy Exchange (IEX), [21] MCX Stock Exchange (MCX-SX), [22] DOME,[ citation needed ] Risk Solutions, [23] Singapore Mercantile Exchange (SMX) [24] and Bourse Africa. [25] ODIN, the flagship product of the company, was used for trading in securities and commodities. [26] In October, 2010, Financial Technologies (India) launched Global Board Of Trade (GBOT), an international multi–asset exchange in Mauritius. [27] In February 2011, Financial Technologies launched Bahrain Financial Exchange (BFX), the first multi–asset exchange in the Middle East and North Africa. [28]
63 SATS is a cybersecurity arm of the company which operates a centralised information security operations center (SOC) on a decentralized network protocol. [29] [30] The new division founded in 2023-24 is advised by Yigal Unna, Former Director General of the Israeli National Cyber Directorate. [31]
Muhurat trading is the trading activity in the Indian stock market on the occasion of Diwali a big festival for citizens of India. Many traders believe that Muhurat trading brings good luck for the coming year.
The National Spot Exchange Limited (NSEL) is India's first spot exchange under the ownership of 63 Moons Technologies. It was established in view of the then Prime Minister's vision to create a "single market" across the country for both manufactured and agricultural produce.
Multi Commodity Exchange of India (MCX) is a commodity exchange based in India. It was established in 2003 and is currently based in Mumbai. It is India's largest commodity derivatives exchange. The average daily turnover of commodity futures contracts increased by 26% to ₹32,424 crore during FY2019-20, as against ₹25,648 crore in FY2018-19. The total turnover of commodity futures traded on the Exchange stood at ₹83.98 lakh crore in FY2019-20. MCX offers options trading in gold and futures trading in non-ferrous metals, bullions, oil, natural gas, and agricultural commodities.
Axis Bank Limited, formerly known as UTI Bank (1993–2007), is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra. It is India's third largest private sector bank by assets and fourth largest by market capitalisation. It sells financial services to large and mid-size companies, SMEs and retail businesses.
Commodity trading in India has a long history. In fact, commodity trading in India started much before it started in many other countries. However, years of foreign rule, droughts and periods of scarcity and government policies caused the commodity trading in India to diminish.
Motilal Oswal Financial Services Limited is an Indian financial services company offering a range of financial products and services. The company was founded by Motilal Oswal and Raamdeo Agrawal in 1987.
Ashishkumar Chauhan is an Indian business executive and administrator who is currently the Managing Director (MD) and Chief Executive Officer (CEO) of the National Stock Exchange of India (NSE). A technocrat from IIT Bombay and IIM Calcutta, Ashish was a founding member of NSE. Prior to joining NSE back in 2022, he was the Managing Director and Chief Executive Officer of the Bombay Stock Exchange (BSE) for 10 years. Ashish is a member of the University Grants Commission and is the Chancellor of University of Allahabad. He also serves as a member of Governing Council of one of the premier B-Schools in India - IIM Calcutta. Ashish is best known as the father of modern financial derivatives in India, and is considered one of the foremost experts in financial market policies, Information technology, organized retail, telecommunications, cricket and Indian social issues. Ashish has been awarded Lifetime Achievement Award by Global Custodian
Geojit Financial Services Ltd. is an investment services company in India headquartered in Kochi, Kerala. It operates a network of offices across India and the Middle East. Geojit was the first company in India to launch online-trading facilities, develop franchise models of sub-broking, form joint ventures in West Asia and the first to begin commodity futures trading in pepper, cardamom, gold and silver in India.
IIFL Finance Limited d/b/a IIFL and India Infoline Finance Limited, is an Indian diversified financial services company headquartered in Mumbai. The organisation was founded by Nirmal Jain. IIFL and its group companies are backed by Canadian investor Prem Watsa, private equity firm General Atlantic and CDC Group, the UK Government's private equity arm. IIFL is ranked among the top seven financial conglomerates in India and as the top independent financial services firm in India in terms of market capitalisation. Nirmal Jain is the chairman of the group, while R Venkataraman is the group managing director and co-promoter.
Religare Enterprises Limited (REL) is an Indian investment and financial services holding company, headquartered in New Delhi. REL is listed on National Stock Exchange of India and Bombay Stock Exchange. It is registered with the Reserve Bank of India (RBI).
The Indian Energy Exchange (IEX) is an Indian electronic system based power trading exchange regulated by the Central Electricity Regulatory Commission (CERC). IEX started its operations on 27 June 2008. Indian Energy Exchange pioneered the development of power trading in India and provides an electronic platform to the various participants in power market, comprising State Electricity Boards, Power producers (Gencos), Power traders, and Open Access Consumers.
R K GLOBAL is an Indian financial broking firm with services ranging from Equities, Derivatives, Commodities, Currency, Depository, IPO Distribution, Mutual Fund Distribution and Consultancy.
National Spot Exchange Limited (NSEL) case relates to a payment default at the National Spot Exchange Limited that occurred in 2013 involving Financial Technologies India Ltd, when a payment default took place after a commodities market regulator, the Forward Markets Commission (FMC), directed NSEL to stop launching contracts. This led to the closure of the Exchange in July 2013.
NXT is an open source cryptocurrency and payment network launched in 2013 by anonymous software developer BCNext. It uses proof-of-stake to reach consensus for transactions—as such, there is a static money supply. Unlike Bitcoin, there is no mining. NXT was specifically conceived as a flexible platform around build applications and financial services, and serves as basis for ARDR (Ardor), a blockchain-as-a-service multichain platform developed by Jelurida, and IoTeX (cryptocurrency) the current steward of NXT as of 2021. NXT has been covered extensively in the "Call for Evidence" report by ESMA.
Angel One Limited, formerly known as Angel Broking Limited, is an Indian stockbroker firm established in 1996. The company is a member of the Bombay Stock Exchange, National Stock Exchange of India, National Commodity & Derivatives Exchange Limited and Multi Commodity Exchange of India Limited. It is a depository participant with Central Depository Services Limited (CDSL).
The India International Exchange Limited (India INX) is India's first international stock exchange which is launched as a subsidiary of the Bombay Stock Exchange (BSE). It is located at the International Financial Services Centre, GIFT City in Gujarat.
bitFlyer is a private company headquartered in Tokyo, Japan and founded in 2014. It operates one of the largest cryptocurrency exchanges with 2.5 million users and develops other crypto-related technology.
Coforge, formerly known as NIIT Technologies, is an Indian multinational information technology company based in Noida, India and New Jersey, United States. The company's stock trades on the Bombay Stock Exchange and on the National Stock Exchange of India under the ticker symbol COFORGE.
Groww Invest Tech Pvt. Ltd is an Indian stock broker and financial services company that is member of the National Stock Exchange of India (NSE), Bombay Stock Exchange (BSE), and the Multi Commodity Exchange (MCX). It offers institutional and retail brokerage, currency and commodity trading, mutual funds, Exchange-traded fund (ETF), credit business, asset management, margin trading facility (MTF) business and bonds. Groww is the largest broker in India with market share of 27 per cent and an active client base of 1.03 crore as of May 2024.
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