Where There’s a Will, There’s a Way
With less than a month to go until the SGX lists its new India derivative products, anything can happen. All eyes are on India’s regulator, Sebi, as well as the country’s three exchanges, to see what action—if any at all—they will take.
It just goes to show that if you’re determined enough, you will get your way. The case in point being the Singapore Exchange (SGX), which earlier in February this year was told that its data licenses with the National Stock Exchange of India (NSE) will no longer be available come August.
The NSE’s move, driven by its market regulator, the Securities and Exchange Board of India (Sebi), although sudden, was not altogether a big shock. Some market participants say that this could have been India’s
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