| Current
Issue - JAN, 2009 |
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|  FTIL
acquires 60% equity in Bourse Africa.
The Financial Technologies India (FTIL) group
has inked a deal to acquire 60 per cent stake
in Botswana-based Bourse Africa. The latter
has been licensed by the Botswana government
to set-up a spot and/or derivative multi-asset
exchange for trading in commodities, currencies,
bonds and diamonds.
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more... |
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| Intellectual
> Innovation> Information. |
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‘Efficient,
transparent and liquid markets are by far the
most powerful equalizers to create inclusive
and equitable growth and democratize prosperity
in an increasingly globalized world economy’ |
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| The dynamics of market driven economies
and business models all over the world and
across products and commodities probably
has been the greatest leveler in driving
our day-to-day life. |
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| In recent times we have seen pricing or
valuations of various asset classes and
its risk management shift towards exchange
traded platform. Such exchange traded pricing
of assets provide a global benchmark for
valuing and price risk, brings about more
transparency and they guarantee efficient
clearing and settlements. |
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| Tech centric business model will continue
to democratize the business of emerging
exchanges in global trade, bridge the divide
between the few and the global masses and
unlock value for all participants. |
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Jignesh
Shah
Chairman and Group CEO
Financial Technologies (India) Limited. |
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