The National Stock Exchange on Tuesday said it has tied-up with the Colombo Stock Exchange (CSE) to explore opportunities to work together and co-operate with each other to foster a deeper and more strategic relationship.
"The MoU calls for cooperation on the exchange of information and expertise and also paves the way for NSE to play a consultative role in a number of strategic initiatives implemented by the CSE, including in the area of new product development and exchange operations," the stock exchange platform said in a statement.
Vikram Limaye, Managing Director and Chief Executive Officer, NSE said: "Market eco-systems in South Asia have significant commonalities and collaboration between NSE and CSE could leverage NSE's experience in building robust markets to provide further impetus to the growth of Sri Lankan capital markets."
--IANS
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