‘Injunction against SGX continues’

May 26, 2018 09:14 pm | Updated 09:14 pm IST - New Delhi

The National Stock Exchange (NSE) said a court-ordered injunction would continue against Singapore bourse SGX unveiling any India derivative contracts, amid a legal battle between the two exchanges.

The Bombay High Court has kept the matter for detailed hearing on May 31 with regard to a dispute between the NSE and the Singapore Exchange (SGX).

“The matter was heard by the court and has been kept for further detailed arguments on May 31, 2018. Until then, the ad-interim injunction granted on May 21, 2018 continues against the launch of new derivative contracts by SGX,” the NSE said.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.