Singapore, India exchanges abandon trade link talks


MUMBAI: Singapore Exchange Ltd (SGX) and National Stock Exchange of India Ltd (NSE) have abandoned talks on a cross-border trading link, according to people familiar with the matter, amid a bitter court battle that’s soured an 18-year partnership.

The companies couldn’t reach consensus on issues including timing, regulatory guidelines and the resources required for the project, according to sources.

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Business , SGX , india

   

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