63 Moons Technologies Limited (stylised as 63 moons technologies), formerly Financial Technologies (India) Limited until 2016, is an Indian company which provides technology ventures, financial platforms and solutions for creating digital markets and marketplaces. It is headquartered in

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

. It was formed in 1988 and funded by Jignesh Shah. The company offers technology intellectual property to create and trade on financial markets. It had its first

IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

in 1995. The company introduced its first commodity derivatives trading platform, the

Multi Commodity Exchange Multi Commodity Exchange of India Ltd (MCX) ( BSE: 534091) is a India’s first recognised commodity exchange. MCX is regulated by Securities Exchange Board of India (SEBI), which is the securities market regulator in India since 28th September ...

(MCX) in 2003. FTIL has divested of its domestic and international ventures.

Operations

Atom Technologies

Atom Technologies Ltd. is one of India's leading payment service providers, offering payment collection facilities over Internet, IVR, Mobile App and Point of Sale using credit, debit, net banking, cash cards and IMPS. FTIL divested a controlling stake to

NTT Data is a Japanese multinational information technology (IT) service and consulting company headquartered in Tokyo, Japan. It is a partially-owned subsidiary of Nippon Telegraph and Telephone (NTT). Japan Telegraph and Telephone Public Corporation ...

Corporation in late 2018.

TickerPlant

TickerPlant is an analytics platform with real-time streaming of market information on domestic and international exchanges as well as OTS markets. In the areas of commodities, forex and equity, TickerPlant provides IT-enabled services. The global financial content provider has also launched its own cryptocurrency super application called CryptoWire. The company launched many domestic and international ventures. It owned several subsidiaries that included National Bulk Handling Corporation (NHBC),

(MCX),

Dubai Gold & Commodities Exchange The Dubai Gold & Commodities Exchange (DGCX) is a financial and commodity derivatives exchange located in Dubai, the United Arab Emirates. DGCX commenced trading in November 2005 as the first derivatives exchange in the Middle East and North Afri ...

(DGCX),

Indian Energy Exchange About Indian Energy Exchange Indian Energy Exchange(IEX) is India’s premier energy marketplace, providing a nationwide automated trading platform for the physical delivery of electricity, renewables, and certificates. More recently, IEX ha ...

(IEX),

MCX Stock Exchange Multi Commodity Exchange of India Ltd (MCX) (BSE: 534091) is a India’s first recognised commodity exchange. MCX is regulated by Securities Exchange Board of India (SEBI), which is the securities market regulator in India since 28th September ...

(MCX-SX), DOME, Risk Solutions,

Singapore Mercantile Exchange The Singapore Mercantile Exchange (SMX) is a pan-Asian multi-product commodity and currency derivatives exchange situated in Singapore. The exchange deals with international trading in a diversified basket of commodities and derivatives including ...

(SMX) and Bourse Africa. ODIN, the flagship product of the company, was used for trading in securities and commodities. In October, 2010, Financial Technologies (India) launched Global Board Of Trade (GBOT), an international multi–asset exchange in Mauritius. In February 2011, Financial Technologies launched Bahrain Financial Exchange (BFX), the first multi–asset exchange in the Middle East and North Africa.

Controversies

In 2021, Jignesh Shah was arrested for irregularities in the company.

References

External links