Stories
NSEIX and London Stock Exchange Sign MoU to Deepen Capital Market Ties
- •NSE IFSC Limited and London Stock Exchange plc signed a Memorandum of Understanding to explore strategic collaboration for cross-border growth.
- •The agreement establishes a framework to evaluate dual and cross-listings across equity, fixed income, and exchange-traded funds.
- •Plans include trading existing instruments, creating new offerings, and potential rollout of derivative contracts referencing FTSE Russell indices.
- •V. Balasubramaniam stated the partnership stems from India-UK economic dialogues to open new avenues in capital markets connectivity.
- •Dame Julia Hoggett highlighted that the MoU connects two of the world's great capital markets to create tangible benefits for investors.
Key Questions Answered
NSE IFSC Limited (NSEIX) and the London Stock Exchange plc signed a Memorandum of Understanding to explore strategic collaboration, driving cross-border growth and providing innovative listing and trading opportunities for issuers and investors across both jurisdictions.
The bilateral agreement evaluates dual and cross-listings across equity, fixed income, and exchange-traded funds (ETFs), alongside plans for trading existing financial instruments and creating new offerings like derivative contracts referencing FTSE Russell indices.
V. Balasubramaniam noted that the collaboration germinated from The India-UK Comprehensive Economic and Trade Agreement (CETA), which aims to open new avenues in capital markets connectivity and financial services integration between London and India.
