After Nifty index futures, the Singapore Exchange will start trading in Nifty options in the next six months which will give investors one more avenue, a senior official said. “We have been doing Nifty futures and the next obvious thing is to give investors more options…there is a good interest in it,” SGX’s Senior Vice-President (Derivatives), Janice Kan told reporters on the sidelines of a conference here today.
She said the SGX, which started trading Nifty Futures in 2005, has already received an in-principle approval from the regulator Monetary Authority of Singapore abut the final go-ahead is yet to come.
“We plan to start it in the next three-to-six-months … we are already through with public consultations,” she said,
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