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Correct Valuation of Exchanges Worldwide

India has made History today with the listing of MCX IPO as it has become the first exchange to be listed in India. Mr Jignesh Shah must be on top of the world.

Worldwide exchanges have been listed in markets like US, UK, Japan, Australia, Singapore & Hong Kong. Historically globally the exchanges generally trades at an average of 5 times their book value and 16 - 20 times their earnings.

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