NSE IFSC-SGX Connect to become operational from July 3
The move will benefit investors, who want to trade in dollar-denominated Nifty futures contracts available on the SGX in Gujarat International Finance Tec-City or GIFT City.
In executing the liquidity switch, SGX will automatically migrate all open positions in SGX Nifty after the end of the trading session, which are not netted off in post-trade on June 30 to NSE IFSC Nifty. Photo: Reuters