Singapore Exchange, NSE to launch offshore Indian sector futures

March 15, 2016 11:29 AM

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MUMBAI, March 15 The Singapore Exchange along with the National Stock Exchange will list four sector-specific India futures contracts, a first for such derivatives, a statement said on Tuesday.

Singapore Exchange plans to list SGX Nifty Bank Index Futures, SGX Nifty IT Index Futures, SGX Nifty CPSE Index Futures and SGX Nifty Midcap 50 Index Futures, based on indices of NSE's group company India Index Services & Products Ltd (IISL).

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