A $7.5-b derivative trade shifts to India as SGX tussle ends

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SGX Nifty, the Singapore Exchange-traded futures on India's key equity NSE Nifty 50 Index, will be known as GIFT Nifty from July 3, and all outstanding orders will be transferred to the GIFT City, the new financial hub in the western Indian state of Gujarat.

from Stocks-Markets-Economic Times https://ift.tt/KOm1qIo

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