Andy Mukherjee, Columnist

Three Kids and a Flute. How India, Singapore Can End Index Feud

Political diplomacy can resolve the dispute over trading in Nifty 50 futures.

June 24, 2018 at 7:00 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.

An equity trading pipe might be the answer.
Photographer: Dhiraj Singh/Bloomberg

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The path to ending the custody dispute between the National Stock Exchange of India Ltd. and Singapore Exchange Ltd. passes through a parable involving three kids and a flute.

A minor domestic quarrel has turned into a major court battle over who gets to trade the benchmark Indian index.