India International Exchange

The India International Exchange (INX) is India's first international stock

India International
exchange, opened in 2017.[1][2] It is located at the International Financial Services
Exchange
Centre (IFSC), GIFT City in Gujarat. It is a wholly owned subsidiary of the Bombay
Stock Exchange (BSE).[3] The INX will be initially headed by V. Balasubramanian Type Stock Exchange
with other staff from the BSE.[3] Location Gujarat International
Finance Tec-City,
It was inaugurated on 9 January 2017 by Indian prime minister Narendra Modi, the
Gandhinagar, Gujarat,
trading operations were scheduled to begin on 16 January 2017. It was claimed to be
India
the world’s most advanced technological platform with a turn-around time of 4
Founded 2017
micro seconds which operates 22 hours a day & six days a week.[1] These timings
facilitate international investors and Non-Resident Indians to trade from anywhere Owner Subsidiary of Bombay
across the globe at their preferred timings. Stock Exchange
Key people V. Balasubramaniam
Following the International trading timings, this unique stock exchange will start
(Chief Executive
when trading at Japanese stock exchange starts, and will end when US stock
Officer and Managing
exchange stops, from sunrise to sunset.
Director)
Currency Indian rupee (INR/₹)
See also
Website www.indiainx.com
Bombay Stock Exchange
Masala bonds
List of stock exchanges in the Commonwealth of Nations

References
1. "Narendra Modi inaugurates India International Exchange"(http://economictimes.indiatimes.com/markets/stocks/new
s/narendra-modi-inaugurates-india-international-exchange/articleshow/56425259.cms) . India Times. Indo-Asian
News Service. 9 January 2017. Retrieved 16 January 2017.
2. "PM Narendra Modi launches India's first international stock exchange"(http://indiatoday.intoday.in/education/story/m
odi-launches-india-stock-exchange-gift-city/1/856370.html). India Today. 13 January 2017. Retrieved 16 January
2017.
3. Upadhyay, Jayshree P.; Maulik, Pathak (9 January 2017). "V. Balasubramanian to head India International
Exchange" (http://www.livemint.com/Money/e550zhWvpdxeRWCbMx2dYM/V-Balasubramanian-to-head-India-Intern
ational-Exchange.html). Live Mint. Retrieved 16 January 2017.

External links
Official website

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This page was last edited on 10 September 2018, at 08:12(UTC).

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