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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