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Here's why the new order by Indian bourses may spook foreign investors

India's three main stock exchanges said Friday they would stop licensing products and data to foreign exchanges to prevent trading from migrating overseas

Reuters  |  Mumbai/Singapore 

A move by Indian exchanges to stop licensing its products and data to bourses abroad will likely force foreign investors into a tough option: migrate their trading onshore to India, with its uncertain regulatory environment and higher taxes, or give up their exposure to a hot emerging market. India's three main stock exchanges - the National Stock Exchange, BSE Ltd and Metropolitan Stock Exchange - said Friday they would stop licensing products and data to foreign exchanges to prevent trading from migrating overseas. For foreign investors, trading derivatives in India's ...

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First Published: Sun, February 11 2018. 19:09 IST
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