MSCI slams move by Indian exchanges Ending data feed pacts with global counterpartsĀ“ anticompletiveĀ“, could cause disruption and lead to a cut inIndiaĀ“sweighton global indices, says MSCI Global index provider MSCI has slammed Indian exchangesĀ“ decision to terminate licensing and datafeed agreements with their global counterparts.MSCI has said the concerted announcement by the three domestic exchanges was āanticompletiveā and would restrict access to the Indian market. It has urged Indian regulators and exchanges to reconsider the move as it could lead to disruption in trading, which could force MSCI to cut IndiaĀ“s weight in its global indices.On February 9, the National Stock Exchange (NSE) and the BSE āIndiaĀ“s two main exchanges āsaid inajoint release that they were discontinuing their datafeed tieups with foreign exchanges to prevent offshore trading in domestic securities. The move would come into effect after the contractual notice periods expire in August.āIt isaclearly n...