SGX-NSE Battle Could Become a Long War

The exchanges are currently undergoing arbitration regarding the launch of SGX’s new futures contracts meant to succeed the outgoing SGX Nifty 50 suite of products.

The current skirmish between the Singaporean and Indian stock exchanges could turn out to be a drawn-out war if an upcoming court battle fails to resolve the dispute.

The two firms have been locked in a legal dispute for months. In February, the three Indian stock exchanges—the National Stock Exchange of Indian (NSE), the Bombay Stock Exchange (BSE) and Metropolitan Stock Exchange of India (MSE)—were asked by the Securities and Exchange Board of India (Sebi) to terminate their existing market

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