India’s market regulator approves derivatives trading on a newly launched stock index designed to be easier for foreign investors to access. The index, launched last August, tracks 150 stocks chosen based on factors that support foreign investment accessibility. According to the reports, index construction takes into account considerations that are commonly considered by major global benchmark providers, such as MSCI, when selecting and maintaining index constituents. The approval clears the way for derivatives linked to the gauge, expanding the set of investable instruments tied to the index. While the sources describe the index’s foreign-oriented selection approach and note its launch timing, they do not provide additional details on the exact derivatives contract specifications or the trading timeline beyond the regulator’s clearance. Overall, the decision reflects regulators’ efforts to broaden market access and deepen derivatives offerings linked to benchmarks aligned with international participation.
India regulator approves derivatives on index tailored for foreign investors
India’s market regulator approves derivatives trading on a newly launched stock index designed to be easier for foreign investors to access. The index, launched last August, tracks 150 stocks chosen b...
- India’s market regulator approves derivatives on a newly approved index.
- The index was launched last August and tracks 150 stocks.
- Stock selection is based on accessibility considerations for foreign investors.
- The approach resembles criteria used by global benchmark providers such as MSCI.
- The approval enables trading of derivatives linked to the index.
The gauge, launched last August, tracks 150 stocks selected based on ease of accessibility for foreign investors - something global benchmark providers such as MSCI Inc. typically take into account to select their index members.
3 hours agoIndia’s market regulator has approved the launch of derivatives on an index designed specifically for foreign investors.
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