How Financial Technologies India offers bouquet of exchanges to service major asset classes
Financial Technologies India Ltd. (FTIL), the global leader in creating technology-driven futuristic financial markets has played a significant role in establishing India on the economic forefront. To expand its areas of operations, the company opened up exchanges in leading international financial centers in Africa, South East Asia and the Middle East.
With the success of MCX, Financial Technologies India Ltd. enjoys a formidable presence across the globe. It has also successfully set up the Dubai Gold and Commodities Exchange in a joint venture with the UAE Government. It is for the first time that the UAE has collaborated with a private sector institution outside the country.
DGCX has also emerged as one of the leading multi-commodity exchange in the Gulf region. Following the success of DGCX, the FTIL Group has launched a number of multi-asset-class exchanges, such as the Singapore Mercantile Exchange, which emerged as a well-known exchange in the South East Asia. The Global Board of Trade, which was under the regulatory supervision of Financial Services Commission, Mauritius created ample growth opportunities in the Africa that showed a lot of growth prospects.
On the launch of the Global Board of Trade in Mauritius, Navinchandra Ramgoolam, the Prime Minister of Mauritius expressed his gratitude and thanked the Financial Technologies Group for showing confidence in the country. He added that Financial Technologies India Ltd. is adding an entirely new dimension to their financial system by bringing knowledge, technologies, businesses and know-how that are generally found in the big financial centers of the world. Ramgoolam said, “To operate in Mauritius might be a relatively small step for GBOT, but this was a big stride in our economy.”
The Financial Technologies Group has successfully spread its imprints beyond geographical boundaries in a short span of time. It has created an extensive basket of exchanges for all the major asset classes in the financial sector.