I think margin fungibility in nse is a big thing which can reduce the cost of transaction for players already doing equity trading , so a party who is already trading in equity markets may prefer nse over mcx because of margin fungibility , as per various reports most of the traders in commodity market also trade in stocks so NSE can give a big fight to MCX !! . This view expressed by the MD himself in one of recent interviews.
(http://www.thehindubusinessline.com/portfolio/people/a-new-era-begins-for-commodity-exchanges/article7622145.ece
@desaibhai ur views would be helpful.
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