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Thursday, December 30, 2010

Singapore Exchange consults public on Nifty option contract

The Economic Times, 30 Dec 2010SINGAPORE: Singapore Exchange (SGX) on Thursday said it is consulting the public on proposed introduction of Options on India's S&P CNX Nifty Index on its derivatives platform in Singapore.The proposed Options contract complements the popular S&P CNX Nifty Futures, which had an average daily trading volume of 55,966 contracts and an open interest of close to 198,000