Sgx
nifty also
known as a Singapore Nifty involves taking position in the Singapore Exchange
on Futures contracts . The Futures contracts settlement is based on the NIFTY
settlement price in the Indian stock exchange NSE. This given international
investors based out of Singapore the flexibility of betting on Indian markets
while not having to setup or register the entity with the Indian authorities.
Also since the trading time on SGX allows for 24 hour trades via after market
trades , investors can hedge the bets all the time. This market is important
for Indian markets as it traded even during the time that our markets are
closed...