NEW DELHI/MUMBAI Indian stock exchanges will stop licensing products and data to overseas bourses, a move that has sparked concerns in Singapore and elsewhere about market access and potential trading disruptions.
Stocks
Indian bourses suddenly end overseas data exchanges
Move made over worries of lost liquidity, and creates confusion in Singapore and Dubai
Major Indian exchanges including the BSE, formerly the Bombay Stock Exchange, surprised investors by halting data sharing with foreign rivals and ending licensing agreements.
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