Wednesday 3 July 2013

Dubai to launch futures contract linked to Indian equities index - FT.com

"Dubai’s Gold and Commodities Exchange will this week launch a futures contract linked to a popular Indian equity index, allowing investors to bet offshore on movements in the Mumbai bourse’s biggest companies.
The move, expected on Friday, will target the Gulf’s large Indian population as well as the corporate market, in an effort to offer foreign shareholders a cheaper and easier way to access equities in one of the world’s great growth economies."

'via Blog this'

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