SGX to start trading in Nifty options in six months

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,