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Economy

NSE, SGX resume talks to collaborate at international finance hub in Gujarat

Updated : July 26, 2018 06:34 AM IST

The announcement comes amid an ongoing dispute between the two exchanges after Indian bourses, including NSE, said in February they would stop licensing their indexes to foreign bourses from August.
SGX responded saying it would launch successor products to its flagship Indian equity derivative products from June.
On Wednesday, SGX and NSE said in a joint statement the arbitrator had granted a deferment of arbitration proceedings pending the outcome of the discussion on collaboration at the Gujarat International Finance Tec-City, or GIFT City.
NSE, SGX resume talks to collaborate at international finance hub in Gujarat
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