Metropolitan Stock Exchange Of India

Detects breach of clearing fee rules, issue of contracts without bidding process and vendor payments without supporting bills

Calling data a public infrastructure, Sebi chairperson recently spoke in favour of enforcing free accessibility

Despite starting in 2008, MSEI has failed to seriously threaten its rivals

Also launches interest rate futures; one can now invest in derivative contracts on govt. securities

MSEI is struggling due to dwindling volumes and inadequate reserves