Metropolitan Stock Exchange to Launch Soon, Challenging BSE and NSE Dominance

• India to get its third stock exchange, Metropolitan Stock Exchange (MSE), with trading expected to begin in two weeks.
• MSE plans to boost liquidity for 130 stocks by appointing market makers.
• The exchange raised ₹1,240 crore in two funding phases, attracting investments from Groww and Zerodha.
• Experts believe competing with established players like NSE and BSE, which hold significant market shares, will be challenging for MSE.
• SEBI's F&O expiry rules (Nifty on Tuesday, Sensex on Thursday) may pose difficulties for MSE in the derivatives segment.

Why It Matters: Metropolitan Stock Exchange is set to launch, aiming to carve out a niche in India's competitive stock market.