SAFE initiates introducing regional index
SAFE (South Asian Federation of Exchanges), a regional federation of stock exchanges of South Asia, has initiated to introduce regional indices, says a press release.During the South Asian Capital Markets Conference and SAFE Annual General Meeting on November 15-17 in Colombo. SAFE decided to take the first step to this effect. Officials hoped the regional indices could be used to build index-linked instruments, which can be traded in multiple instruments.
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