Multi-Commodity Exchange of India has appointed Lamon Rutten as the managing director and chief executive.
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The present chief executive Joseph Massey will become the chief executive and managing director of MCX Stock Exchange.
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Both MCX and MCX-SX are group companies of Financial Technologies.
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MCX is India's top commodity bourse in terms of trade turnover and is part owned by Fidelity international and NYSE Euronext.
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