MSCI Inc.

Singapore Nifty contract trading to continue pending arbitration

SINGAPORE (June 16): Singapore Exchange and National Stock Exchange of India will have to remain partners for a little longer than both anticipated.

An arbitrator deciding on a quarrel between the exchanges over Indian stock futures contracts ordered them to extend their licensing agreement beyond August, and for at least two months after the end of arbitration.

India-Singapore futures fight a 'concern' for MSCI's CEO

(May 24): The chief executive officer of MSCI Inc., one of the world’s biggest index compilers, said his firm is “concerned, quite a lot” about the dispute between exchanges in India and Singapore that threatens a popular offshore futures contract.

New York-based MSCI is monitoring the situation and consulting its clients about how they view the matter, CEO Henry Fernandez said in an interview on Bloomberg Television. The fight over Singapore Exchange’s Indian futures may leave international investors with no easy way to hedge their exposure to one of Asia’s biggest markets.

Old Wall Street strategies are now hugely profitable in China

HONG KONG (Apr 18): Stock pickers may have to reconsider the way they think about China.

Dismissed by many as a casino after its wild boom and bust in 2015, the country’s US$7.6 trillion equity market has quietly turned into a place where fundamentals matter. Chinese shares with the most attractive dividends, profit revisions and earnings yields -- metrics used by Wall Street pros for decades -- have trounced the nation’s benchmark index by as much as percentage points over the past three years, according to data compiled by Bloomberg.

MSCI, India's Singapore ban just handed you a big whip

(Feb 13): Move over, China. After much coaxing and cajoling, MSCI Inc. has given that country what it craved: an inclusion of Chinese A shares into its globally tracked benchmarks.

The bigger story now is India's shock decision to go the other way. If Beijing sought a reward, New Delhi is begging to be punished.

On the pretext of arresting migration of trading to locations like Singapore or Dubai, New Delhi wants to ban index providers from supplying local securities data to foreign bourses for pricing, trading or settlement.

It’s decision time for MSCI as global stock rally bypasses China

HONG KONG (June 20): China’s fourth attempt at cracking into MSCI Inc.’s benchmark share indexes comes with its best chance of success -- and the least at stake.

In what’s become an annual event, MSCI will announce early Wednesday morning Hong Kong time whether China’s domestic stocks have won inclusion. Previous efforts have foundered on concern over repatriation limits and excessive trading suspensions, obstacles the index compiler has sought to overcome with a less ambitious proposal.

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