India plans electronic platform for bond forward trading

9 articles · Updated · Bloomberg · May 5

The Clearing Corp of India is working with lenders on the design and preparing to seek central bank approval, people familiar with the private discussions said.
The proposed venue would move bond forward trading onto an electronic platform from a market that now operates largely over the counter.
Officials aim to improve price discovery in India's bond derivatives market, potentially increasing transparency and standardising trading in the forwards segment.

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