India International Exchange (IFSC) Limited (“India INX”),
India’s first & leading international exchange established in the International Financial Services Centre (IFSC)
located at the Gujarat International Finance-Tec City (GIFT City)
has maintained its leadership by providing access to innovative and a wide variety of products across multi-asset class to its members and their clients.
In its endeavour to further increase the range of product offerings across global exchange markets, India INX established a wholly-owned subsidiary, the India INX Global Access IFSC Limited (“INX Global Access”),
which provides a centralised platform to route orders to multiple international exchanges.
INX Global Access
is a pioneering venture – the first of its kind from India and GIFT IFSC to offer access to international exchanges and global markets for India INX’s members. Global Access provides a single-window interface for trading on global markets, managing clearing and settlements as well as custodian services. This eliminates the need for individual members of India INX to register separately on each global exchange, thereby decreasing the overall costs of accessing global markets from GIFT IFSC.
INX Global Access aims to become the leading financial services provider in GIFT IFSC by facilitating a centralised access to international financial markets for its customers. This shall provide a competitive and sustainable value proportion for India INX’s members and their clients by decreasing their overall costs of accessing global markets.
To become the leading provider of financial services by enabling centralised access to international financial markets
To develop a sustainable and competitive value proposition for our customers by facilitating access to international financial markets using state-of-the-art technology.
KEY BENEFITS OF GLOBAL ACCESS FOR MARKET PARTICIPANTS
- Single-window access to multiple international exchange markets through Marex Spectron.
- Diverse Products: India INX’s members and their clients can enrol as clients of INX GA to trade on a diverse range of products across multi-asset class – equities, commodities, currencies, fixed income securities – in both cash and derivatives across global exchange markets
- Centralised Clearing and Settlement of trades across multiple international exchanges through Global Access decreases working capital costs towards margins and mark-to-market
- Direct Market Access to international exchanges through empanelled ISVs
The Securities and Exchange Board of India (SEBI), the capital markets regulator of India has approved the establishment of Global Access
vide its letter dated Feb 08, 2018 (ref. no. SEBI/HO/MRD/DRMNP/OW/P/2018/4347/1).
KEY BENEFITS MATRIX
ABOUT MAREX SPECTRON
Marex Spectron is regulated in the UK by the Financial Conduct Authority, which also regulates the entire Marex Group under consolidated supervision, in the US by the National Futures Association and the US Commodities Futures Trading Commission, in Hong Kong by the Securities and Futures Commission, and in Singapore by the Monetary Authority of Singapore.