Merrill Lynch and Citigroup picks up a stake in MCX

Merrill Lynch and Citigroup picks up a stake in MCX
Merrill Lynch and Citigroup have announced that they have separately taken a 5% stake in the MCX commodity exchange.
These two deals have put the value of the exchange at around USD 1 Billion. The stake has been sold by Financial Technologies (FTIL).
Merrill is said to [...]