Singapore Exchange Granted Extension to Continue Trading of India Nifty Contracts Pending Next Arbitration in 2019
Singapore Exchange (SGX) has been granted a licence extension to continue the listing and trading of SGX Nifty contracts for at least 2 successive contract month maturations beyond the arbitration’s completion date, with arbitration proceedings to commence in early 2019.
” Singapore Exchange Granted Extension to Continue Trading of India Nifty Contracts Pending Next Arbitration in 2019 “
In May 2018, a subsidiary of the National Stock Exchange of India (NSE), India Index Services and Products Limited (IISL) was granted an interim injunction against the launch of SGX’s new India derivatives products that is due to be launch in June 2018, and to review all existing Nifty contracts. SGX was directed to refrain from offering new India equity derivatives products.
NIFTY 50 index is National Stock Exchange of India’s benchmark for the Indian equity market, represented by the weighted average of 50 Indian company stocks. In February 2018, some Indian stock exchanges had announced to stop licensing Indian stock indices, with the derivatives affecting direct investments into India.
Source: SGX
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 10,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2023 Investment Day
- 28th March 2023 - Hong Kong
- 4th April 2023 - Singapore
- April 2023 - Virtual
- 6th June 2023 - Hong Kong
- 13th June 2023 - Singapore
- Sept 2023 - Hong Kong
- Oct 2023 - Singapore
- Oct 2023 - Hong Kong
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Investment Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit