MUMBAI: Now, India’s benchmark index S&P BSE Sensex will be available for trading in South Korea.
BSE, Asia’s oldest bourse, and the Korea Stock Exchange have joined hands and the Sensex will be traded on the Korea Exchange, a source close to development told ET.
Ashish Chauhan, CEO, BSE, is in Korea to sign the agreement. The announcement is likely on Thursday.
The 30-share equity index Sensex is a barometer for tracking equity markets in India. The index is already traded on the DGCX exchange in Dubai, outside India.
The Korea Exchange is the sole securities exchange operator in South Korea. It is headquartered in Busan, and has an office for cash markets and market oversight in Seoul.