Sign up for free newsletter

 

Standard & Poor’s brings S&P 500 to India

Standard & Poor’s brings S&P 500 to India


Standard & Poor’s has licensed the National Stock Exchange of India to create and list Indian Rupee-denominated futures contracts on the S&P 500, subject to regulatory approvals.

The licensing agreement, jointly from S&P and S&P-licensee Chicago Mercantile Exchange to NSE, is part of a landmark cross-listing arrangement announced by CME Group and NSE that covers benchmark indices for US and Indian equities.

The Rupee-denominated S&P 500 futures contracts will be made available on NSE via a sublicense from Standard & Poor’s.

“Indian investors, like their counterparts around the world, want index products that provide immediate access to the world’s equity markets,” says Alexander Matturri, executive managing director at S&P Indices. “We are excited to be working with both NSE and CME Group to bring the premier US equity market gauge, the S&P 500, to Indian investors.”

listingsdirectory
UBS Global Asset Management
Fri, 06/05/2016 - 14:19
RFA (Richard Fleischman & Associates)
Tue, 05/04/2016 - 14:25
Calastone
Mon, 29/02/2016 - 15:20
training
Wed, 08/06/2016   - London
Mon, 13/06/2016   - London
specialreports
other gfm publications