thehindubusinessline.com – 17 Apr 23
Full transition of SGX-Nifty derivatives contracts to SGX-Join from…
Singapore Change (SGX) knowledgeable the market contributors {that a} full-fledged liquidity change could be efficient from July 3, 2023, from SGX to the Nationwide Inventory Change of India (NSE)‘s IFSC-SGX Join.
“Full-scale operation of the NSE IFSC-SGX Join (Join) with the transition of SGX Nifty derivatives to NSE IFSC will happen on 3 July 2023. Following the transition, all US greenback denominated Nifty derivatives contracts might be solely traded on NSE IFSC,” a discover on the SGX Nifty Derivatives mentioned Monday.
if its true, then god has answered my prayers
How does it have an effect on Indians. They aren’t allowed to commerce it.
2 potential outcomes anticipated
nifty futures will commerce until 11pm and we will take part in it
sgx nifty shutting down means we get the identical alternative as establishments for place hedging.
equality shall prevail