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MSCI SINGAPORE (GDTR)

End-of-day quote MSCI  -  2023-01-26
5903.09 PTS   +0.96%
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Singapore Exchange, India's NSE aim NSE IFSC-SGX Connect operations by Q2

11/30/2022 | 09:13am EST
FILE PHOTO: A security guard walks past the logo of the National Stock Exchange inside its building in Mumbai

BENGALURU (Reuters) - The Singapore Exchange and the National Stock Exchange of India said on Wednesday the full-scale operation of the NSE IFSC-SGX Connect is targeted to be ready by the end of the second quarter of 2023.

The collaboration, launched in July earlier this year, would enable orders from the SGX members to be routed to NSE IFSC for trading and execution with clearing and settlement through SGX Derivatives Clearing, the statement said.

(Reporting by Rama Venkat in Bengaluru; Editing by Maju Samuel)


ę Reuters 2022
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