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Despite NSE's legal move, SGX to go ahead and launch Indian derivatives

SGX had responded by saying it would launch successor products to its flagship Indian equity derivative products in June

Reuters  |  SINGAPORE 

Singapore Exchange Ltd (SGX) said it plans to list new India-related equity derivative products in June despite the National Stock Exchange of India (NSE) applying for an interim injunction in a Mumbai court against their launch. NSE's legal move and SGX's response intensify the spat between the two exchanges after India's three main bourses unexpectedly announced in February they would stop licensing their indexes to foreign bourses from August. SGX had responded by saying it would launch successor products to its flagship Indian equity derivative products in ...

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First Published: Tue, May 22 2018. 10:51 IST
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