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India should allow exchanges to list on own platform, NSE chairman says
India’s markets regulator should reconsider allowing exchanges to list on their own platforms, NSE Chairman Srinivas Injeti said on Friday, a day after the bourse operator debutedon rival BSE at a valuation of about $47 billion. India’s markets regulator debated allowing self-listing in 2015 but rejected the idea over potential conflicts of interest, requiring their shares to trade on rival bourses. However, self-listing is permitted in several major global markets. In the United States for example, the New York Stock Exchange’s parent Intercontinental Exchange is listed and traded on the NYSE...
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