From SGX Nifty to GIFT Nifty: What changes in the life of a trader or an investor?
“The SGX Nifty is going to be renamed as GIFT Nifty. Effectively the offshore contract which international investors access is traded in US dollars. It is now going to be available on the listed exchange in the NSC International Exchange. Whatever was available offshore, where we lost control over our pricing, now is moving into our own jurisdiction.”
