NSE is said to seek Singapore Exchange delay on single-stock futures

The National Stock Exchange of India (NSE), operator of the country’s biggest bourse, is asking Singapore Exchange to delay the planned introduction of single-stock futures that would track some of the subcontinent's largest companies, according to people familiar with the matter.

NSE’s request comes as domestic stock-derivatives volume has slipped, said the people, who asked not to be named because the talks are private. While SGX has informed some of its clients of a possible February 5 launch, subject to regulatory approval, NSE is seeking the delay to buy it time as it attempts to arrest the slide back home, the