Andy Mukherjee, Columnist

Breathe Easy, NSE. Your Index Isn’t Exactly ‘Star Wars’

Publicly available settlement prices are facts, not one possible creative expression.

May 23, 2018 at 4:44 AM UTC

Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services in Asia. Previously, he worked for Reuters, the Straits Times and Bloomberg News.

Global money managers could find their access curtailed.
Photographer: Dhiraj Singh/Bloomberg

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Is the Nifty 50 a work of art — like “Star Wars”?

Over the coming weeks, the National Stock Exchange of India Ltd. will assert an intellectual property right over its popular equity benchmark. It’s seeking an injunction against Singapore Exchange Ltd., which wants to start its own derivative based on publicly available settlement prices of Nifty futures contracts.