Indian Exchange Asks Index Compilers to Stay Out of Offshore Dispute
- NSE’s chief executive says he’s been in discussions with MSCI
- Three bourses said this month they’ll be cutting overseas ties
Vikram Limaye
Photographer: Vivek Prakash/BloombergThis article is for subscribers only.
India’s biggest exchange operator, which ended licensing deals with its global counterparts in an effort to rein in offshore derivatives, wants index compilers to stay out of the dispute.
Vikram Limaye, chief executive officer of the National Stock Exchange of India Ltd., said in an interview that he is asking MSCI Inc. to tell its clients to not use NSE’s data for futures and options contracts based on Indian stocks.