Wednesday August 3 2022

News Source: Global Exchanges

Focus: Trading Systems and Technology

Type: General

Country: International

Link: https://bit.ly/3SpDpw4




On 2nd August 2022, Trading Technologies International, Inc. (TT) announced that the firm successfully began offering clients access to the popular Nifty equity derivatives through NSE IFSC-SGX Connect (the Connect) a new joint initiative between Singapore Exchange (SGX Group) and National Stock Exchange of India (NSE).

The Connect. enables both international and domestic market participants to take a position on India’s equity markets through futures based on the Nifty 50. International members of SGX Group and domestic clients of NSC IFSC can trade and access real-time trading data of Nifty contracts via SGX Group’s derivatives trading infrastructure in (Gujarat International Finance Tec) GIFT City.

Under the Connect, all orders on Nifty derivatives placed by SGX Group members are routed to and matched on the NSE-IFSC order matching and trading platform. As one of the first technology providers to offer international market participants access to the Connect, Trading Technologies is giving global banks and other major financial institutions that use the TT platform seamless access to Nifty equity derivatives alongside products from more than 50 other major international markets, including SGX Group.

Click on the above link for further information