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Nikkei Markets

Singapore Exchange Says Nifty, Other India Products To Trade As Normal

By Kevin Lim
Nikkei Markets
SINGAPORE (Feb 12) -- Singapore Exchange has assured traders that its entire suite of India derivative products will trade as normal for now as its agreements with the National Stock Exchange of India will be in place till August.

Its comments over the weekend follow the joint decision by NSE, Bombay Stock Exchange and Metropolitan Stock Exchange of India to stop providing market data to foreign exchanges and other entities once the current deals lapse. The move was seen as a bid to ensure trading of Indian shares take place in India rather than in offshore markets like Singapore and Dubai.

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