The Chicago Mercantile Exchange (CME) is introducing two new contracts — E-mini and E-micro S&P CNX Nifty (Nifty 50) Futures — designed to access the Indian market opportunities.
Investors would be able to trade for nearly 23 hours on the CME Globex. These hours include the market hours in India except the last one hour before the Indian market opens.
“The introduction of these two new contracts will make the Nifty 50 available to a much larger community of traders and investors across various exchanges and time zones,” NSE Managing Director and CEO Ravi Narain had said last week. According to NSE, these new contracts are intended to give investors a more efficient means to gain exposure to the India-related asset classes.