NSE Diversification to Cut Options Revenue Share
Growth in the National Stock Exchange of Indias other business units will likely reduce its revenue share from weekly options trading. The chief executive made the remarks as the bourse seeks up to 4.42 trillion rupees in its upcoming initial public offering.
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NSE expects diversification into non-options businesses to dilute weekly trading revenue share, as India's largest exchange targets up to $46.26B in valuation. The bourse cut its IPO size by over 15% amid weaker price expectations from key investors. The offering follows large domestic share sales, trailing upcoming deals from Reliance Industries Limited and Hyundai Motor India Ltd in 2024.
