NSE Chief: Working on SGX issue

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locked in arbitration proceedings with SGX, the National Stock Exchange today said it is working on a “structure” to address the issues and more clarity is likely to emerge in the next two-three weeks.

The matter relates to a tussle between the NSE and Singapore Exchange (SGX) over launch of some products.

The two exchanges last month resumed discussions on a potential collaboration in Gujarat's international financial services centre, while the arbitration proceedings were deferred pending outcome of the talks.

Daily Pioneer
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