A pedestrian walks past GIFT Tower One, left, and GIFT Tower Two in Gujarat International Finance Tec-City. (Photographer: Dhiraj Singh/Bloomberg)
India’s National Stock Exchange Ltd. and Singapore Exchange Ltd. are working to formalise the real-time connection between the two bourses by April for offshore derivative trading, according to a person aware of the details.NSE and SGX signed an agreement in September last year to finalise the terms to make the cross-border trading link operational. That will allow overseas participants to trade in Gujarat International Finance Tec-C...