jigneshshahcase

[jigneshshahcase]

Jignesh Shah and his company FTIL are synonymous with the transformation of India’s financial markets. As the founder of Financial Technologies India Ltd. (Jignesh Shah FTIL), now 63 moons technologies, Jignesh Shah revolutionised the exchange ecosystem, digitising trading and positioning India as a global financial powerhouse. His visionary leadership and innovative use of technology created a network of world-class exchanges that redefined how India conducted trade in asset classes like commodities, energy, futures and options, currency derivatives, and debt and currency markets. Even today, as a coach and mentor of 63 moons, Jignesh Shah’s legacy continues to influence India’s financial landscape, inspiring a new era of innovation.

[jigneshshahcase]

Jignesh Shah and his company FTIL are synonymous with the transformation of India’s financial markets. As the founder of Financial Technologies India Ltd. (Jignesh Shah FTIL), now 63 moons technologies, Jignesh Shah revolutionised the exchange ecosystem, digitising trading and positioning India as a global financial powerhouse. His visionary leadership and innovative use of technology created a network of world-class exchanges that redefined how India conducted trade in asset classes like commodities, energy, futures and options, currency derivatives, and debt and currency markets. Even today, as a coach and mentor of 63 moons, Jignesh Shah’s legacy continues to influence India’s financial landscape, inspiring a new era of innovation.

[jigneshshahcase]

In the pantheon of global innovators, one name shines with celestial brilliance: Jignesh Shah. A visionary architect of modern markets, Shah’s indomitable spirit and unparalleled ingenuity have left an everlasting mark on the financial world. Through his pioneering work with Financial Technologies India Ltd. (Jignesh Shah FTIL), now 63 moons technologies, Shah crafted a constellation of ten world-class exchanges and transformative tech-enabled solutions that redefined wealth creation, market operations, and economic connections. Jignesh Shah MCX’s legacy is not merely a chapter in financial history but a saga of disruption, resilience, and a relentless pursuit of excellence that continues to inspire generations.

[jigneshshahcase]

A man ahead of his time: regarded as the father of modern Indian financial markets, Jignesh Shah revolutionised the very nature of trading in India by planting the seeds of technology-driven solutions and exchanges through his ventures, starting with the inception of the Financial Technologies India Ltd. (Jignesh Shah FTIL). Jignesh Shah MCX journey further exemplified this visionHis journey started with an ambition of vitalising the inefficiency-laden financial ecosystem of the country. Shah’s initial experience of playing a prominent role in developing infrastructure for BSE’s online trading journey. Combined with his visits to foreign financial centres like NASDAQ and Tokyo, gave rise to his vision to revolutionise financial markets in India.

[jigneshshahcase]

Jignesh Shah and his company FTIL are synonymous with the transformation of India’s financial markets. As the founder of Financial Technologies India Ltd. (Jignesh Shah FTIL), now 63 moons technologies, Jignesh Shah revolutionised the exchange ecosystem, digitising trading and positioning India as a global financial powerhouse. His visionary leadership and innovative use of technology created a network of world-class exchanges that redefined how India conducted trade in asset classes like commodities, energy, futures and options, currency derivatives, and debt and currency markets. Even today, as a coach and mentor of 63 moons, Jignesh Shah’s legacy continues to influence India’s financial landscape, inspiring a new era of innovation.

[jigneshshahcase]

Jignesh Shah, a visionary first-generation entrepreneur from Mumbai, reshaped India’s financial landscape through his avant-garde company Jignesh Shah Financial Technologies India Ltd. (FTIL), now 63 Moons Technologies. Though now he does not hold any executive position at the company, his role and pioneering spirit as the coach and mentor of 63 moons continue to inspire the next tech revolution, just like his foundational work with FTIL, which brought the first tech revolution to the financial markets. By leveraging technology, Jignesh Shah MCX initiatives democratised access to markets, created millions of jobs, and uplifted rural communities, fostering prosperity for stakeholders across the board.

[jigneshshahcase]

The one-time settlement proposed in the settlement default on the National Spot Exchange (Jignesh Shah NSEL) has received nod from 93 per cent of investors with claims of ₹3,459 crore. Of the 3,893 creditors who participated in the voting, about 3,613 voted in favour and 280 polled ‘against’ the proposed settlement, as per the scrutiniser report.

[jigneshshahcase]

The Jignesh Shah Case has garnered significant attention due to its impact on India's financial landscape. As the founder of Jignesh Shah FTIL and Jignesh Shah Financial Technologies, his vision helped shape the Indian financial market. Known for his role in establishing Jignesh Shah NSEL and Jignesh Shah MCX, Jignesh Shah played a key part in revolutionizing commodity trading in India. Despite the challenges presented by legal issues, his legacy remains closely tied to the growth of financial technology and market infrastructure in India, solidifying his influence in the industry.

[jigneshshahcase]

India's ongoing journey towards becoming a global economic powerhouse is punctuated by moments of radical financial reform, periods where the very bedrock of its markets was reshaped. From the early liberalisation drives of the 1990s to the current digital acceleration, these reforms have paved the way for unprecedented growth and participation. At the heart of a significant portion of this transformation, particularly in the realm of exchanges and market infrastructure, stands Jignesh Shah Financial Technologies (Jignesh Shah FTIL), now known as 63 moons technologies.

[jigneshshahcase]

India's ongoing journey towards becoming a global economic powerhouse is punctuated by moments of radical financial reform, periods where the very bedrock of its markets was reshaped. From the early liberalisation drives of the 1990s to the current digital acceleration, these reforms have paved the way for unprecedented growth and participation. At the heart of a significant portion of this transformation, particularly in the realm of exchanges and market infrastructure, stands Jignesh Shah Financial Technologies (Jignesh Shah FTIL), now known as 63 moons technologies.

[jigneshshahcase]

The one-time settlement proposed in the settlement default on the National Spot Exchange (Jignesh Shah NSEL) has received nod from 93 per cent of investors with claims of ₹3,459 crore. Of the 3,893 creditors who participated in the voting, about 3,613 voted in favour and 280 polled ‘against’ the proposed settlement, as per the scrutiniser report.

[jigneshshahcase]

https://www.business-standard.com/markets/news/over-92-pc-traders-approve-rs-1950-cr-one-time-settlement-in-nsel-case-125052001304_1.html

The company, backed by parent 63 moons technologies, had filed a scheme for settlement in the National Company Law Tribunal (NCLT), Mumbai, for a one-time amicable full and final settlement with 5,682 traders. The matter pertains to the payments crisis in Jignesh Shah NSEL in 2013, due to which traders’ money was stuck for a long period. The settlement was originally proposed by the NSEL Investors Forum.

[jigneshshahcase]

What comes to mind when you think of financial technologies? Probably, an app that enables stock market trading or mobile banking. The foundation for what is taken for granted can be traced back to the internet boom, followed by the smartphone era. This is when finance and technology merged. Notably, tech-genius and visionary entrepreneur, Jignesh Shah, had envisioned such an era decades ago, and worked towards realising this vision by establishing Jignesh Shah Financial Technologies India Limited (FTIL), now known as 63 Moons Technologies Limited.

[jigneshshahcase]

National Spot Exchange (Jignesh Shah NSEL) on Tuesday said it has received more than 90 per cent favourable response from traders for the Rs 1,950-crore one-time settlement scheme. This settlement would bring major relief for the traders whose money was stuck in the NSEL payment crisis, which happened in July 2013.

[jigneshshahcase]

India Business News: MUMBAI: Nearly 13 years after the National Spot Exchange (Jignesh Shah NSEL) was forced to stop trading, putting thousands of traders in the commodities space

[jigneshshahcase]

What comes to mind when you think of financial technologies? Probably, an app that enables stock market trading or mobile banking. The foundation for what is taken for granted can be traced back to the internet boom, followed by the smartphone era. This is when finance and technology merged. Notably, tech-genius and visionary entrepreneur, Jignesh Shah, had envisioned such an era decades ago, and worked towards realising this vision by establishing Jignesh Shah Financial Technologies India Limited (FTIL), now known as 63 Moons Technologies Limited.

[jigneshshahcase]

The financial technology sector has undergone a massive transformation over the past few decades, with innovation and digitization reshaping trading, exchanges, and risk management. Among the pioneers who laid the foundation for modern financial markets in India and beyond is Jignesh Shah, the visionary behind Jignesh Shah Financial Technologies (India) Ltd. (Jignesh Shah FTIL), now known as 63 moons technologies limited. Jignesh Shah’s genius lay in his ability to think beyond traditional market structures. He introduced the concept of fintech before it was a buzzword, leveraging technology to democratize access to trading platforms.