SGX Nifty, the Singapore Exchange-traded futures on India s key equity NSE Nifty 50 Index, will be known as GIFT Nifty from July 3, and all outstanding orders will be transferred to the GIFT City, the new financial hub in the western Indian state of Gujarat.
(Bloomberg) Derivative contracts with a notional value of about $7.5 billion traded in Singapore will shift to India as a cross-border trading link between the two Asian countries’ top bourses gets fully operational on Monday.Most Read from BloombergFrench Riots Begin to Abate Even as Economic Costs MountIt’s Getting a Lot Harder to Chase the Stock Rally From Here OnTesla, BYD Post Record Sales on Demand for Electric VehiclesUnited May Cut Newark Flights as It Seeks More Gates to Stem DelaysS
SGX Nifty, the Singapore Exchange Ltd.-traded futures on India's key equity NSE Nifty 50 Index, will be known as GIFT Nifty from July 3, and all outstanding orders will be transferred to the GIFT City
A US$7 5bil derivative trade shifts to India as SGX feud ends thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.