NSE To Offer Deriv Product With Euro Index

India’s National Stock Exchange is in discussions to roll out a derivatives product with a European equity index as the underlying.

India’s National Stock Exchange (NSE) is in discussions to roll out a derivatives product with a European equity index as the underlying, Economic Times reports. The bourse may also launch products with indices of Japan or Hong Kong as the underlying.

The NSE will unveil at least one product soon, said NSE’s managing director and CEO Ravi Narain. The Indian exchange had earlier launched equity derivatives contracts on the S&P 500 and the Dow Jones Industrial Average indices.

Click here for the story from Economic Times.