Home / Business and Economy / MSEI to List Rival NSE Shares
MSEI to List Rival NSE Shares
23 Sep
Summary
- MSEI will allow NSE shares to trade on its platform.
- This trading will happen under a special framework.
- NSE debuts on BSE Ltd. on Thursday.
The Metropolitan Stock Exchange of India Ltd. (MSEI) has announced it will allow shares of its rival, the National Stock Exchange of India Ltd. (NSE), to be traded on its platform. This significant development will occur under a specially established framework.
The decision comes as the NSE prepares for its own initial public offering, with its shares set to debut on the BSE Ltd. this Thursday. MSEI's admission of NSE under the 'permitted to trade' provision signals a complex interdependency between the nation's major stock exchanges.
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