NSE gets CFTC approval to sell its products to US-based investors

In a boost to inflows coming into Indian derivatives, the move to will allow NSE to sell its products to US institutions

The National Stock Exchange (NSE) has received an approval from the US derivatives regulator Commodity Futures Trading Commission (CFTC) to sell its products to US-based investors. Going forward, US-based institutional investors will be able to trade in NSE-listed derivatives without any restrictions. The development will boost inflows coming into Indian derivatives from US-based institutions. The approval had been in the pipeline for more than a year now. 

The US equity and commodity derivatives are regulated by CFTC and institutional investors based in the US are allowed to invest only in those derivatives that are CFTC-approved.

Until last year, these funds