MUMBAI (Reuters) - The chairman of bourse operator Financial Technologies (India) Ltd, Jignesh Shah, was arrested on Wednesday, a Mumbai police spokesman said, without giving further details.
Shah has been under police investigation after National Spot Exchange Ltd, a commodities exchange owned by Financial Tech, abruptly suspended trade in most of its commodities contracts last year.
A Financial Technologies spokesman said the company would soon issue a statement in the matter.
($1 = 60.0725 rupees)
(Reporting by Himank Sharma and Abhishek Vishnoi; Writing by Rafael Nam; editing by Tony Munroe)
