11 Feb '18, 6am

Singapore Exchange to open trading in Indian products as per normal

Singapore Exchange to open trading in Indian products as per normal

The SGX said it will work jointly with NSE towards solutions for global investors, including developing solutions from NSE’s International Exchange (NSE IFSC Limited) in Gujarat International Finance Tech (GIFT) city—International Financial Services Centre. Photo: Reuters Singapore: In its continuing assurances to traders, Singapore Exchange on Sunday said its entire India suite of products, including Nifty, will open and operate per normal on Monday. The SGX reiterated and reassured international traders of its Indian product trade from Monday. This comes after the Indian Exchanges on 9 February announced a decision to stop the commercial licensing of their indices and market data with a number of foreign exchanges and other business partners. “SGX wishes to assure market participants that we will take all measures to maintain orderly trading and clearing of SGX India equ...

Full article: http://www.livemint.com/Money/53B1oZS4pMB5w35QXXLFqK/Sing...

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