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How Jignesh Shah Created 10 World-class Exchanges

Jignesh Shah transformed how people think about wealth creation and market access. In an extraordinary feat, he established ten global exchanges in ten years, including Jignesh Shah MCX and Jignesh Shah NSEL, spanning continents and connecting millions of people to financial systems.<br><br>Read More: https://www.thehansindia.com/business/how-jignesh-shah-created-10-world-class-exchanges-in-10-years-971973<br>

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How Jignesh Shah Created 10 World-class Exchanges

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  1. How Jignesh Shah Created 10 World-class Exchanges in 10 Years?

  2. Discover how Jignesh Shah MCX and Jignesh Shah NSEL revolutionised global finance with 10 world-class exchanges in just a decade.

  3. Transforming Wealth Creation and Market Access Jignesh Shah transformed how people think about wealth creation and market access. In an extraordinary feat, he established ten global exchanges in ten years, including Jignesh Shah MCX and Jignesh Shah NSEL, spanning continents and connecting millions of people to financial systems.

  4. Shaping The Global Exchange Landscape In 1995, Jignesh Shah laid the foundation for 63 Moons Technologies, a company built to deliver cutting-edge technology solutions and domain expertise for digital transactions across asset classes.

  5. ● The Big Bang with Jignesh Shah MCX The Big Bang in the exchange universe happened in 2003 with the launch of the Multi Commodity Exchange (MCX) that was envisioned as a complete ecosystem. This holistic approach wasn't common at the time. But it worked brilliantly. Jignesh Shah MCX offered Indian traders and businesses a way to manage price risks efficiently and participate in a transparent, technology-driven price discovery process. It became a game-changer for farmers, manufacturers, and traders alike, especially in a post-reform India.

  6. ● Going Global with DGCX After transforming the domestic market, Jignesh Shah set his sights overseas. In 2005, he made a bold move by launching the Dubai Gold & Commodities Exchange (DGCX). This wasn't just another international expansion. It was historic. DGCX became Dubai's first commodity derivatives exchange, and more importantly, it marked the first-ever 50:50 joint venture between a company from the private sector and the Government of the United Arab Emirates (UAE). Back home in India, 2005 also witnessed the creation of Jignesh Shah NSEL, National Bulk Handling Corporation Limited, Atom Technologies, TicketPlant and Risk Solutions by Jignesh Shah.

  7. ● Driving Financial Inclusion with Jignesh Shah MCX-SX 2008 MCX-SX Mission Year of Launch MCX Stock Exchange Financial Inclusion In 2008, Jignesh Shah introduced yet another ambitious venture in the form of MCX-SX (MCX Stock Exchange). It was a mission-driven initiative, built to promote financial inclusion and democratise access to capital markets across India.

  8. ● Powering India with IEX 2008 was a time when the idea of trading electricity was practically non-existent. Jignesh Shah dared to imagine an exchange for electricity. This led to the birth of the Indian Energy Exchange (IEX), a pioneering platform that completely transformed how energy was bought and sold in the country.

  9. A Legacy of Vision and Execution The title 'Exchange King' is a fitting acknowledgement of a man who dared to dream of a financially inclusive world, empowered by technology. Whether it was DGCX, Jignesh Shah MCX, or Jignesh Shah NSEL, Jignesh Shah FTIL worked honestly, diligently, and passionately to ensure all his ventures added value. Vision Execution Impact Dreaming of financial inclusion Building world-class exchanges Connecting millions globally

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