Promoter

Financial Technologies (India) Limited is a US$1.27 billion market valuation, (NSE:FINANTECH, BSE: FINTECH) global leader in creating and operating technology centric, next generation financial markets that are transparent, efficient, and liquid, across multi-asset class including equities, commodities, currencies and bonds among others. Financial Technologies’ highly robust and scalable exchange and trading technology platform (Intellectual Property), coupled with deep domain expertise, gives us a decisive edge in driving mass disruptive innovation at a speed and cost of execution that are unmatched in the financial markets. This expertise uniquely positions Financial Technologies and helps create electronic, organized, and regulated financial markets for ‘new asset class’ and ‘new investor class’ that are either underserved or economically unviable to serve by traditional companies.

Founded only in 2003, India’s largest and the world’s 8th largest commodity exchange (and the 2nd largest bullion exchange and 3rd largest energy exchange). MCX has built a market trading 100 million contracts per annum, US$ 4-5 billion per day, with zero recorded defaults by its members since inception. This has been achieved in an environment characterised by highly fragmented markets, infrastructure deficiency, skills shortages, political sensitivity and pervasive underdevelopment – i.e. in a similar environment to that found in most African markets.

With a vision to create a new generation commodity and derivatives exchange in this golden age of Asia, SMX is being established to offer a multi–product trading platform. SMX will act as an anchor to the hyper growth economies of Asia, offering a state-of-the-art electronic trading platform for trading futures and options contracts in commodities including precious metals, base metals, agricultural commodities, currency pairs and commodity indices to name a few.  Singapore has a super efficient financial and physical infrastructure which is on a par with the best in the world. Its close proximity to the countries which are the largest producers and consumers of many commodities will enable price discovery and price setting of these commodities in Asia based on the demand-supply fundamentals. Prices determined on SMX will serve as a benchmark for commodities trading.

DGCX is a partnership between the FT Group, MCX and Dubai Multi Commodities Centre (owned by the Government of Dubai). DGCX commenced trading in November 2005 as the region’s first derivatives and commodities exchange. Being located in the Middle East, it fits the critical time zone between the markets of Europe and the Far East. As a truly international commodities and derivatives exchange, DGCX offers a range of products accessible via an electronic trading system from anywhere in the world.

The Bahrain Financial Exchange (“BFX”) aims to provide the region's most transparent and liquid exchange offering access to a diverse range of trade products such as shares, bonds, currencies and commodities within a unique customer centric environment.

GBOT, which is currently under development, is a fully electronic exchange to be based in Mauritius. It received an in-principle approval from the Financial Services Commission of Mauritius in November 2006. GBOT aims to link Africa to the global financial market place making available the world’s most liquid and attractive indices to African investors. As such, it will have two focus areas: ‘gateway’ contracts that offer a convenient and cost-efficient way for African investors and hedgers to access global product offerings; and innovative financial instruments, for example environment-related contracts that will allow African companies to draw handsome returns from the growing global appetite for environmental services.

FTKMC, an FT Group company, is engaged in developing and designing Knowledge for Markets. It develops strategies and solutions in knowledge management across all the major asset classes and segments, including equities, commodities, currencies, bonds, banking and financial services. Its range of services includes financial education and training, consultancy, research and publications, and advisory services. A rich blend of conceptual clarity along with a focus on market practice is embedded in the programmes designed by FTKMC, leading to wider acceptance from a cross-section of professionals from the policy, regulation, market intermediation, and investing communities.

TPIL is one of the growing global content providers in the financial information services industry. Promoted by the FT Group, TickerPlant manages financial information and packages them as market leading enterprise products and solutions to the financial market space. With TickerPlant as its information provider, the customer has customized contents delivered on spot and solutions that offer a quantifiable market advantage, a reduced cost of ownership, and a high rate of return which meets its information needs and that of its customers.

NBHC has emerged as India's leading integrated commodity and collateral management company distinguished as the first and only such service provider in the country to obtain an ISO 22000:2005 certification and a ‘Category G’ membership of GAFTA (The Grain and Feed Trade Association, UK). NBHC is part of a unique commodity ecosystem, which provides Complete Solutions in Commodity and collateral Management along with its stakeholders, FT Group, State Bank of India, and the FTIL group companies, including MCX and NSEL

atom is a mobile payments service provider. Focusing on innovative use of technology in the mobile transactions ecosystem, atom technologies has created multiple “patent pending” products and services for mobile payments, mobile banking for th unbanked, IVR based payments and mobile based service distribution framework.

Riskraft Consulting Ltd. aims to become a leading, dependable and valued knowledge partner to Banks & Financial Institutions in the areas of Risk Management, Data Warehousing & Analytical Research.

Riskraft’s Value Proposition : Partnering with Enterprises to increase their profitability through better Risk Management.

Riskraft is uniquely poised to extend consultancy and high quality solution architecture in Financial Risk Management & Data Warehousing in general and specifically in:

• Risk Based Supervision Framework for Financial Regulators
• Basel II and ICAAP Services for Banks
• Operational Risk Management Framework for Basel II - Advance Approaches
• Model Validation and Accuracy Testing of Risk Management Software
• Data Warehousing Solution Architecture for Banks and Financial Institutions
• Training programs covering various aspects of Financial Risk Management & Data warehousing

The conceptualization of the Knowledge Partnership Model by Riskraft as a paradigm to conventional Consulting or Product approaches was well accepted by an elite client base across a versatile engagement matrix. In short period of time Riskraft has developed a niche clientele across Regulators, Banks, Insurance Companies, Exchanges, Primary Dealers, Corporates and Technology companies through a versatile engagement matrix.

MCX-SX Clearing Corporation Limited (MCX-SX CCL)
www.mcx-sx.com/ccl/ccl.htm

MCX-SX Clearing Corporation Limited (MCX-SX CCL) is the clearing corporation of MCX Stock Exchange Limited (MCX-SX). It is jointly promoted MCX Stock Exchange Limited (MCX-SX), Multi Commodity Exchange of India Limited (MCX) and Financial Technologies India Limited (FTIL). MCX-SX is a recognized stock exchange, having the permission to carry out trading in currency derivatives. MCX-SX CCL will initially carry out the clearing and settlement for the trades executed at the currency derivatives segment of the MCX-SX.

MCX-SX has presently 8 clearing banks and it is proposed that MCX-SX CCL will empanel all these 8 Banks and more in future in order to provide banking services to trading members / clearing members. The bank connectivity is already established with MCX-SX and now MCX-SX CCL will use and manage this relationship with the banks and depositories for electronic settlement. This will be done by transferring the function from the exchange to the clearing corporation. MCX-SX CCL will act as legal counter-party to all settlement liability of MCX-SX and will guarantee settlement.

A Clearing Member (CM) of MCX-SX CCL will have the responsibility of clearing and settlement of all deals executed by their Trading Members (TM) on MCX-SX.