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India's National Stock Exchange and London Stock Exchange Group sign Letter of Intent -continued

As part of the Letter, both exchanges declared their intent to explore the feasibility of an agreement whereby FTSE Group may licence the FTSE 100 Index to the NSE, and whereby the NSE may licence the S&P CNX Nifty (Nifty 50) to LSEG for the purpose of issuing and trading options and other index contracts.

t also conveys the intention of both parties to evaluate other joint strategic opportunities, such as allowing access to each other’s market as and when regulatory framework permits.

Additionally, the two signatories will explore the possibility of holding joint training & education courses and seminars with a particular focus on Small and Medium sized Enterprises (SMEs).

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Source: London Stock Exchange Group