eToro to Remove NIFTY 50 Index from Its Offering

Fazzaco learned that eToro, the world's leading social investment platform, will soon delist NIFTY 50, a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange, from its platform.

The brokerage firm explains that, as it is not receiving pricing for NIFTY 50 index, the asset will be removed from its platform on November 30th, 2022.

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And the company notes that any existing positions will be closed at the last available rate on the aforementioned date.

Currently, exact ETA for the delisting of the asset from SGX is unknown.

Last month, Fazzaco reported that eToro has scaled its trading instruments with the addition​ of 83 new stocks and ETFs.