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June 17, 2014

 

Press Release No. 1

News about Financial Technologies (India) Limited & PTC India Financial Services Limited

 

The media had reported that "Financial Technologies (India) Limited & PTC India Financial Services Limited Looking to Exit Indian Energy Exchange via IPO".

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the companies.

Financial Technologies (India) Limited has vide its letter inter-alia stated; “We do not wish to comment on any speculative news reporting."

PTC India Financial Services Limited has vide its letter inter-alia stated," No such negotiation has taken place till date."

 

 

Press Release No. 2

Market-wide Position Limit in IBREALEST

 

The derivative contracts in the underlying IBREALEST have crossed 95% of the market-wide position limit on June 17, 2014. It is hereby informed that all clients/ members shall trade in derivative contracts of IBREALEST by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.

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