Wednesday, June 29, 2011

NSE gets Sebi nod to launch S&P 500, Dow Jones futures

The National Stock Exchange (NSE) has got regulatory approval to launch futures contracts on benchmark US indices S&P 500 and Dow Jones Industrial Average (DJIA), paving the way for Indian investors to bet on the world’s most influential stock market.

India’s leading stock exchange also plans to seek approval from the Securities and Exchange Board of India (Sebi) to launch options contracts on these two US indices.

Source: Business Standard

Thanks and Regards,
Sanchari Sinha,
Intern at DENIP Consultants Pvt. Ltd.

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