After Arbitration Deal, SGX’s Indian Products Survive—For Now
The final outcome of the arbitration award is expected to be announced by the first quarter of 2019.
Traders with positions in the affected products are pleased with the development, as they will have continuity potentially through to the next calendar year, though sources familiar with the situation tell WatersTechnology that the dates of any extension are not set in stone, and could change.
“This kind of continuity is important for risk management and continuity in maintaining Indian positions,” says a trader at an Asia-based firm, who spoke on condition of anonymity.
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