BSE (formerly known as Bombay Stock Exchange), Established in 1875, is Asia's first & the Fastest Stock Exchange in world with the speed of 6 microseconds and one of India's leading exchange groups. Keeping in line with the vision of Shri Narendra Modi, Hon’ble Prime Minister of India, BSE has launched India INX, India's 1st international exchange, located at GIFT CITY IFSC in Ahmedabad. India International Exchange (IFSC) Limited (India INX) was inaugurated by the Hon’ble Prime Minister of India, Shri Narendra Modi, on Jan 09, 2017 and commenced its operations from Jan 16, 2017.
India International Exchange (IFSC) Limited (“India INX”) 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 “Special Purpose Vehicle”, the India INX Global Access IFSC Limited (“INX Global Access”), which provides a centralised platform to route orders to multiple international exchanges. The Indian INX Global Access IFSC Limited is regulated by the IFSC Authority.
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 based investors under LRS, India INX’s members & their clients and IFSC members and other entities in IFSC. 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 investors 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
- Approved entity providing Single-window access to multiple international exchange markets.
- Direct Access to major global markets and real time quotes from exchanges across the globe.
- Diverse Products : Investors across the Globe can enroll as clients through INDIA INX GA to trade on a diverse range of products across multi-asset class – equities, ETFs, commodities, currencies, fixed income securities, mutual funds across global exchange markets.
- Free trading platforms – Free Mobile application, Free browser-based platform & Free Desktop TWS.
- Digital experience – Paperless online account opening, Paperless online fund transfer
- No account opening charges, No minimum balance, No custody charges
- INDIA INX GA clients can avail preferential rate for funds transfer , through its associated banks.
- Facility to own fractional shares in US equity markets.
- Clients can lend shares to earn income on it.
- INDIA INX GA acts as introducing broker for facilitating sale / purchase of financial instruments through multiple international brokers.
- Investor is protected by Securities Investor Protection Corporation (SIPC) with an insurance of USD 500,000 (for investment in US)