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COMMENTARY

India's move to stop trading of Indian indices abroad a slap to SGX's face

NSE's move to isolate its derivatives market gives SGX, a key partner, only six months to work things out

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The FIA said India's move was alarming, and that accessible markets are needed for optimal growth and liquidity and to allow investors to hedge risks effectively.

Singapore

IT is definitely not a nice way for India to treat the Singapore Exchange (SGX), its key host exchange abroad for its derivatives products, which has stood by its side for 18 years, campaigning its hot emerging market story to the international class.

That partnership is

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