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In the interim, Dr. N. Rajendran, chief digital officer of the company has been advised to look after the portfolio of the CTO, said MCX.
Dr. N. Rajendran has been with MCX since November 2021. Prior to joining the company, he worked as a CEO & director of Indian Financial Technology & Allied Services (RBI subsidiary) and as a CTO of National Payments Corporation of India.
Multi Commodity Exchange of India (MCX) is India's first listed, national-level, electronic exchange, and India's leading commodity derivatives exchange with a market share of about 96.8% in terms of the value of commodity futures contracts traded in financial year 2022-23 (April - December 2022). Various commodities across segments are traded on the Exchange platform, which include bullion, energy, metals and agri commodities.
The exchange and data platform recorded 13% increase in consolidated net profit to Rs 38.79 crore on a 57% rise in total income to Rs 163.65 crore in Q3 FY23 over Q3 FY22.
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