A pioneer in technology solutions became a path breaker in exchange industry too. Financial technologies Group set up a wide range of exchanges in India. Not only setting up the exchanges, the Group is credited with the distinction of developing exchange-traded derivatives markets in virtually every sphere that India has witnessed in the post reform period.

Multi Commodity Exchange of India (MCX) was the first exchange from Financial Technologies Group.

FTIL got the license for MCX purely on merit of their track record against intense competition from other players.

MCX was ranked by the Futures Industry Association as the 3 rd biggest commodity exchange in terms of number of contracts traded.

biggest commodity exchange in terms of number of contracts traded. Growth and Inclusion was the theme on which exchanges of the Financial Technologies Group were conducting business.

Indian Energy Exchange (IEX) was set up to create market-based solutions for price discovery and trading of electricity.

MCX-SX, India’s new stock exchange was established to offer a basket of stock market products so as to increase retail participation in the stock markets.

Exchanges in leading international financial centres were set up by Financial Technologies Group covering important geographies of Africa, South East Asia and the Middle East.

Jignesh Shah, promoter of FTIL, dreamt of making India “the commodity trading hub between Tokyo and London’.

He is the only Asian to be recognized as ‘Dominant Financial & Futures Industry Leaders’ by the Futures Industry Association (US).

He brought the first FII investment in MCX and then listed it with an outstanding success.