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Snapping ties with foreign exchanges will have some repercussions: BSE CEO

Overseas bourses may stop providing data on foreign indices, Ashish Chauhan said

Ashish Chauhan, MD & CEO of BSE
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Ashish Chauhan, MD & CEO of BSE. (Photo courtesy: Twitter/@ashishchauhan)

Shrimi Choudhary
Overseas bourses may take similar action and stop providing data on foreign indices andcommodities traded in India, Ashish Chauhan, chief executive officer, BSE said in an interview with Shrimi Choudhary.
 
Edited excerpts:
 
Do you see any negative fallout due to the virtual ban on offshore trading in Indian derivative contracts?
 
The move will clearly have some repercussions. However, we do not see any major negative impact. Currently, we are watching how foreign exchanges react to this and whether they would take a similar action when it comes to their indices getting traded here.
 
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