 "NSE, national stock exchange, nifty50")
Full-scale operations of the NSE IFSC-SGX Connect are targeted to be ready by the end of the second quarter of 2023, the Singapore Exchange (SGX Group) and the National Stock Exchange announced in a joint statement on Wednesday.
Prime Minister Narendra Modi had launched the NSE IFSC-SGX Connect in July this year in Gift city, following which the work for the transition of trading Nifty contracts on NSE IFSC began.
“The transition of trading of SGX Nifty to NSE IFSC via the Connect is expected to take place shortly thereafter with dollar-denominated Nifty contracts to be exclusively traded on NSE IFSC,” the
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