(May 24): The chief executive officer of MSCI Inc., one of the world’s biggest index compilers, said his firm is “concerned, quite a lot” about the dispute between exchanges in India and Singapore that threatens a popular offshore futures contract.

New York-based MSCI is monitoring the situation and consulting its clients about how they view the matter, CEO Henry Fernandez said in an interview on Bloomberg Television. The fight over Singapore Exchange’s Indian futures may leave international investors with no easy way to hedge their exposure to one of Asia’s biggest markets.

“A lot of our clients use derivative instruments,” Fernandez said. “We have no problems with them developing trading onshore, we welcome that a lot, but not to kill trading offshore.”

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