Nse ifsc to launch f&o contracts in apple, alibaba and facebook

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NSE IFSC to launch F&O contracts in Apple, Alibaba and Facebook NSE IFSC is a fully-owned subsidiary of the National Stock Exchange

NSE IFSC Ltd will launch single derivative contracts in 15 global stocks, including giants like

Apple Inc, Facebook and Alibaba, as also trade in three additional currencies, including Swiss franc and the US dollar.

In a circular, the exchange announced introduction of these new contracts with effect from July 24.

The new currency pairs also include the Japanese yen-US dollar and the Australian dollar-US dollar.

The 15 global stock derivatives will feature those of Alphabet Inc, Microsoft, China Mobile, Amazon.Com, ExxonMobil Corporation, Johnson and Johnson, JPMorgan Chase, Wells Fargo, General Electric Company, AT&T Inc, Bank of America and Procter and Gamble Company.


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