Singapore to open trading in Indian products as per normal today
BY PTI11 Feb 2018 9:23 PM IST
PTI11 Feb 2018 9:23 PM IST
Singapore: In its continuing assurances to traders, Singapore Exchange on Sunday said its entire India suite of products, including Nifty, will open and operate per normal on Monday.
The SGX reiterated and reassured international traders of its Indian product trade from on Monday. This comes after the Indian Exchanges on February 9 announced a decision to stop the commercial licensing of their indices and market data with a number of foreign exchanges and other business partners.
"SGX wishes to assure market participants that we will take all measures to maintain orderly trading and clearing of SGX India equity derivatives for our global clients," the Singapore bourse said on Sunday.
"The market for our entire India suite of products including Nifty will open and operate per normal on Monday, 12 February 2018.
Global market participants rely on SGX to access multiple markets and asset classes around the region.
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