SAT quashes Sebi order derecognising ICEX https://ift.tt/WKXTcbQ has given ICEX one year to bring in the required funds and meet Sebi norms. However, until the net worth criteria are met, ICEX has been asked to keep its trading operations closed. ICEX had voluntarily closed its trading operations in March 2022 and currently is only offering mutual fund-related products.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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