Skip to main content
About BSE Limited
About India INX
Board of Directors
Why Global Securities Market
Primary Market Circulars
Daily Market Data (Bhavcopy)
Market Wide Position Limit
Real Time Market
Global Currency Derivatives
Indian Single Stock Derivatives
Foreign Currency Bond
Green / Social / Sustainable Bonds
Fees, Deposits & Networth Requirements
Member Compliance Calendar
Membership Forms for Banks
Membership Forms for Non-Banks
Authorized Person (AP)
Defaulters /Expelled Members
Contact For New Membership
Segregated Nominee Account
Provider Registration Form
Frequently Asked Questions (FAQs) about Segregated Nominee Account
List of Segregated Nominee Account Providers
Segregated Nominee Account Structure
Clearing & Settlement
Procedure for change in clearing banks
Risk & Control
Liquid Networth / Assets
Settlement Guarantee Fund
LES incentive statistics
Framework for Conflict of Interest under LES
Technology & Services
Mode of Connectivity
Order Management System
Independent Software Vendor
Independent Network Service provider
Direct Market Access - DMA
Computer to Computer Link - CTCL
Sponsored Market Access (SMA)
IndiaINX Trading Application
Online Trade Download
Test Environment Setup
Market Data Products
FPI @ India INX Vs Domestic Indian Exchanges
Trading & Settlement
Foreign Investors Participation at IFSC
Segregated Nominee Account Structure
Hon'ble Prime Minister of India, Shri Narendra Modi addressing the gathering during the launch of India International Exchange.
Honourable Prime Ministers Speech – Inaugurating India INX on Jan 9, 2017
I am delighted to be here at Gift City to inaugurate India’s first international stock exchange, that is, the India International Exchange. Indeed, it is a momentous occasion for India’s financial sector.
As you are aware, this project took shape in the year 2007. The vision was to create a world class Finance and IT zone for India, to provide services not only to India but the entire world.
In those days, as now, wherever I went, I would meet some of the top financial brains of those countries. Whether in New York, London, Singapore, Hong Kong or Abu Dhabi, I would find many of them to be of Indian origin. I was impressed by their understanding of the financial world, and also their contributions to their adopted countries.
I used to think, “How can we bring this talent back and at the same time, provide leadership to the entire financial world?”
Indians have a long tradition in mathematics. India invented the concept of ‘zero’ and the ‘decimal system’ more than two thousand years ago. It is no accident that Indians are now at the forefront of Information Technology and Finance, both areas of knowledge where zero plays a crucial role!
When the Gift city was conceptualised, I was Chief Minister of Gujarat. Technological progress had accelerated manifold. We had world class talent of Indian origin working in India and abroad. India had a leadership position in Information Technology. Finance was being increasingly married to technology. It was becoming very clear to us that finance combined with technology, or “fintech” as it is sometimes called, would be an important part of India’s future development.
I deliberated a lot with experts about how to make India, a thought leader, in the field of Finance. It was clear that we would need to have the best facilities and the ability to transact in all markets in the world. Gift city was born out of this vision. Our aim was to provide world class facilities to India’s world class talent in finance and technology. Today, with the inauguration of this Exchange, we have reached an important landmark in achieving that vision.
I had visited the Bombay Stock Exchange in June 2013 for a book launch. At that time, I had invited BSE to set up a world beating International Stock Exchange. In the year 2015, during the Vibrant Gujarat event, they signed an MoU with Government of Gujarat. Today, I am delighted to be here to inaugurate the new India International Exchange. It is an important milestone not just for Gift city but for India, in creating 21st century infrastructure.
I am told this exchange will trade in equity, commodities, currencies and interest rate derivatives in the first phase. Later, it will trade equity instruments of Indian and foreign companies. I am told Masala bonds will also be available for trading here. Many more companies from Asia, Africa and Europe should be able to raise funds from this important International Finance Centre. This exchange is set to be among the fastest exchanges in the world with most modern trading, clearing and settlement systems. India is in an excellent time-zone between West and East. It can provide financial services through the day and night to the entire world. The exchange, I am told, will work twenty two hours a day, starting when the Japanese markets start, and closing when US markets close. I am sure, this exchange will set new standards for quality of service and speed of transactions across time zones.
This exchange is part of the International Financial Services Centre, - IFSC - at Gift city. The concept of an International Financial Services Centre is simple but powerful. It aims to provide onshore talent with an offshore technological and regulatory framework. This is to enable Indian firms to compete on an equal footing with offshore financial centres. Gift City IFSC will be able to provide facilities and regulations comparable to any other leading international finance centres in the world.
It is not easy to create an offshore-like environment in a large country like India with a huge domestic market. India cannot be compared to small city states. Such countries have very small local markets and hence can afford to have specially favourable tax and regulatory regimes. Large countries cannot do the same. Creating an offshore-like centre within a large country like India, therefore did pose regulatory challenges. I am glad that the Ministry of Finance, the Reserve Bank and SEBI have found solutions to the regulatory issues.
There has been criticism for long that a lot of trading, even in Indian financial instruments, is currently taking place abroad. It is said that India has stopped becoming the price setter for even some Indian financial instruments. Gift city will be able to mitigate many of these criticisms. But my vision for Gift City is larger. My vision is that in ten years from now, Gift city should become the price setter for at least a few of the largest traded instruments in the world, whether in commodities, currencies, equities, interest rates or any other financial instrument.
India needs to create thirty crore new jobs over the next twenty years. It is a huge endeavour. Skilled and well-paying jobs in the service sector will have to be part of this job revolution. Indian youth can do it. The international exposure which our youth will be able to get from Gift city will ensure that more and more of them will be able to join this important field. I urge Indian companies, exchanges and regulators, to help create a pool of experienced and world beating finance professionals. They can work out of this great new city and provide services to the entire world. Over next ten years, I expect this city to generate several lakh jobs.
You are aware of the importance I attach to the development of smart cities. Gift city is the first ground up truly smart city in the country. All the 100 smart cities will do well to understand how Gift city has been able to create its underground infrastructure which can compete with the best in the world. I have said before that India can become a developed country in one generation. New cities will be important in creating the new India of our dreams:
A confident India
A prosperous India
An inclusive India
I hereby declare the India International Exchange open. I wish Gift city and the India International Exchange the very best.
It is a proud moment that India International Exchange operations has started trading at GIFT City, Gandhinagar, Gujarat from January 16, 2017
and any other regional language websites and the Windows Store Apps (hereinafter referred to as "the Website") are operated by India INX IFSC Limited, (hereinafter referred to as "India INX").
India INX does not offer any services to any person through the Website. Access to any information on or through the Website is provided only on an "as is where is basis" and "with all faults". All information or products available on or through the Website, and any software made available on the Website, are on the "best effort basis".
India INX does not, expressly or impliedly, warrant, guarantee or make any representations concerning the use, results of use or inability to use or access the information or contents of the Website, in terms of accuracy, reliability, completeness, correctness, functionality, performance, continuity, timeliness or otherwise, fitness for a particular purpose.. Any information or data available on the Website may contain inaccuracies and/or typographical errors. India INX does not warrant that the Website or functions thereof will be uninterrupted or free of any error or defect or that information on the Website will satisfy any intended purpose or requirement of the user.
The user assumes the entire risk with respect to the use, results of such use, in terms of accuracy, reliability, performance, completeness, comprehensiveness, correctness, functionality, performance, continuity, timeliness of the information, data or any content available on the Website.
India INX disclaims any and all liability, current or future, for any error made or omission committed with respect to the transmission of data, information or material available on the Website.
The user waives his or her right to any claim based on the detrimental effects or results of any reliance placed by the user on any information or data available on the Website.
The development of the Website with respect to the nature of the information or data available on the Website, is a continuous and ongoing process. India INX disclaims any and all liability and/or responsibility for loss of any information or data, or any consequence, intended or unintended, due to the operation of the Website. India INX does not assume or purport to assume any responsibility or liability to the user for failure or inability of the user to access or use the Website for any purpose. Published information or data available on the Website may not be current or up to date for any purpose
This Website is not to be and should not be construed as purporting to offer any information or services to citizens of such jurisdictions whose laws conflict with, differ from, or provide higher requirements than those necessitated by the laws of the Republic of India.
This Website may contain links to other websites operated by parties other than India INX. India INX is not responsible for the contents of or information offered by any linked website or any link contained in a linked website, or any changes or updates to such websites, irrespective of whether these websites are operated by members of India INX or other third parties. Inclusion of such a link on the Website does not imply any degree of endorsement by India INX, regarding the quality of information provided or the nature of content by such a linked website
The Website may contain information sourced from third parties. India INX is not responsible for the contents of or information offered by such third parties on the Website. Inclusion of such information on the Website does not imply any degree of endorsement by BSE, regarding the quality of information provided or the nature of content provided by the third party.
India INX neither endorses any product or service sold by its member-brokers, sub-brokers affiliated with its member brokers, or any other party nor makes any representation or warranty, express or implied, of any kind whatsoever, including but not limited to, warranties or merchantability or fitness for any particular purpose.
India INX does not provide any advice in this regard and shall not be liable to any person who enters into any business relationship with a member-broker/sub-broker, and / or any other party based on any information accessed from the Website or uses such information or is accessing any information for any investment, company affairs, legal, tax or accounting advice or advice regarding the suitability or profitability of a security or investment. Any information on the Website must not be construed as business/investment advice, and the user should exercise due caution and/or seek independent advice before the user enters into any business relationship with any member broker/sub-broker, and /or any other party or enters into any investment or financial obligation based on any information provided on the Website
Any person who is accessing or has accessed any information or data from the Website acknowledges and agrees that all proprietary rights, statutory or otherwise, in the information received by such person shall remain the exclusive property of India INX. Any reproduction, redistribution or transmission, for consideration or otherwise, of any such information contained in the Website is strictly prohibited and would constitute a breach of the laws of India.
India INX shall not be liable for any claims or losses of any nature, arising directly or indirectly, from the use or application of the data, information or material accessed from the Website. Any change or amendment to this disclaimer, altering any of the provisions set out herein, may be made at the sole discretion of India INX, without notice.
In relation to any legal action or proceedings against India INX in a court of law regarding any matter connected or related to use or access of this Website, such person accessing this Website irrevocably submits to the exclusive jurisdiction of the courts of Ahmedabad and waives any objection to such proceedings on grounds of venue or on the grounds that the proceedings have been brought in an inconvenient forum. The governing law in such legal proceedings referred to above shall be the laws of the Republic of India.
Nothing contained in the Website or this Disclaimer may be construed to create a privity of contract between the user and India INX.
The contents of this disclaimer are also applicable to India INX's regional language websites and to any other facilities/tools as 'view only', 'download' or 'executable' offered through the Website that shall be subject to additional specified Terms and Conditions. India INX will make every effort to keep the Website current and to correct errors brought to the notice of India INX
The contents of this disclaimer are also applicable to India INX's regional language websites and to any other facilities/tools as 'view only', 'download' or 'executable' offered through the Website that shall be subject to additional specified
Terms and Conditions
. India INX will make every effort to keep the Website current and to correct errors brought to the notice of India INX
. India INX is trademarks and/or service marks of India INX and all rights accruing from the same, statutory or otherwise, wholly vest with India INX. Any violation of the above would constitute an offence under the laws of India and international treaties governing the same.
India INX, or any of its affiliated companies, does not represent or endorse the accuracy or reliability of any of the advertisements (collectively), i.e. links, downloads, distributions or other information accessed directly or indirectly from host advertisements contained on this website nor the quality of any products, information or other materials displayed, purchased or obtained by any consumer, as a result of an advertisement or any other information or offer in connection with the service or products. The exchange shall not be responsible for any errors or omissions contained within any third party advertisement contained within this website. The exchange expressly clarifies that it is not providing any "co - branding" and is not associated in any way with any of parties that may choose to advertise in this website.
The exchange expressly disclaims any and all warranties, expressed or implied, including without limitation, warranties of merchantability and fitness for a particular purpose, and non-infringement, with respect to the service or any materials and products.
This site may contain links to other web sites operated by third parties ("linked sites"). The exchange neither endorses nor is affiliated with the linked site and is not responsible for any content of any linked site or any link contained in a link site, or any changes or updates to such sites.
In no event shall the exchange be liable for any damages, whatsoever, and in particular, shall not be liable for direct, indirect, consequential, incidental, or punitive damages, or damages of lost profits, loss of revenue, or loss of use, arising out of related to any advertisements on this website, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise. In particular the exchange shall not be responsible for or liable for any threatening, defamatory, obscene, offensive or illegal content appearing in the advertisements and further shall not be responsible for any infringement of another's rights, including intellectual property rights
THE India INX IFSC LIMITED ("EXCHANGE"), OR ANY OF ITS AFFILIATED COMPANIES, DOES NOT REPRESENT OR ENDORSE THE ACCURACY OR RELIABILITY OF ANY OF THE ADVERTISEMENTS (COLLECTIVELY), I.E. LINKS, DOWNLOADS, DISTRIBUTIONS OR OTHER INFORMATION ACCESSED DIRECTLY OR INDIRECTLY FROM HOST ADVERTISEMENTS CONTAINED ON THIS WEBSITE NOR THE QUALITY OF ANY PRODUCTS, INFORMATION OR OTHER MATERIALS DISPLAYED, PURCHASED OR OBTAINED BY ANY CONSUMER, AS A RESULT OF AN ADVERTISEMENT OR ANY OTHER INFORMATION OR OFFER IN CONNECTION WITH THE SERVICE OR PRODUCTS. THE EXCHANGE SHALL NOT BE RESPONSIBLE FOR ANY ERRORS OR OMISSIONS CONTAINED WITHIN ANY THIRD PARTY ADVERTISEMENT CONTAINED WITHIN THIS WEBSITE. THE EXCHANGE EXPRESSLY CLARIFIES THAT IT IS NOT PROVIDING ANY "CO – BRANDING" AND IS NOT ASSOCIATED IN ANY WAY WITH ANY OF PARTIES THAT MAY CHOOSE TO ADVERTISE IN THIS WEBSITE.
THE EXCHANGE EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, EXPRESSED OR IMPLIED, INCLUDING WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT, WITH RESPECT TO THE SERVICE OR ANY MATERIALS AND PRODUCTS.
THIS SITE MAY CONTAIN LINKS TO OTHER WEB SITES OPERATED BY THIRD PARTIES ("LINKED SITES"). THE EXCHANGE NEITHER ENDORSES NOR IS AFFILIATED WITH THE LINKED SITE AND ARE NOT RESPONSIBLE FOR ANY CONTENT OF ANY LINKED SITE OR ANY LINK CONTAINED IN A LINK SITE, OR ANY CHANGES OR UPDATES TO SUCH SITES.
IN NO EVENT SHALL THE EXCHANGE BE LIABLE FOR ANY DAMAGES, WHATSOEVER, AND IN PARTICULAR, SHALL NOT BE LIABLE FOR DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL, OR PUNITIVE DAMAGES, OR DAMAGES OF LOST PROFITS, LOSS OF REVENUE, OR LOSS OF USE, ARISING OUT OF RELATED TO ANY ADVERTISEMENTS ON THIS WEBSITE, WHETHER SUCH DAMAGES ARISE IN CONTRACT, NEGLIGENCE, TORT, UNDER STATUTE, IN EQUITY, AT LAW OR OTHERWISE. IN PARTICULAR THE EXCHANGE SHALL NOT BE RESPONSIBLE FOR OR LIABLE FOR ANY THREATENING, DEFAMATORY, OBSCENE, OFFENSIVE OR ILLEGAL CONTENT APPEARING IN THE ADVERTISEMENTS AND FURTHER SHALL NOT BE RESPONSIBLE FOR ANY INFRINGEMENT OF ANOTHER'S RIGHTS, INCLUDING INTELLECTUAL PROPERTY RIGHTS.
Copyright Notice. Except as otherwise noted on this Website, the contents of this Website are copyrighted © 2016 by India INX. All rights are reserved. No part of the information on this Website, including text, graphics and html code, may be reproduced or transmitted in any form by any means, without the express written consent of India INX.
THE SOFTWARE IS PROVIDED BY BSE INTERNATIONAL IFSC LIMITED, ("India INX") THROUGH ITS WEBSITE/S ON "AS IS" AND "WITH ALL FAULTS" BASIS. India INX MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND CONCERNING THE QUALITY, SAFETY OR SUITABILITY OF THE SOFTWARE, EITHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.
India INX MAKES NO REPRESENTATIONS OR WARRANTIES AS TO THE TRUTH, ACCURACY OR COMPLETENESS OF ANY STATEMENTS, INFORMATION OR MATERIALS CONCERNING THE SOFTWARE THAT IS CONTAINED ON AND WITHIN ANY OF THE WEBSITES OWNED AND OPERATED BY India INX.
IN NO EVENT WILL India INX BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES HOWEVER THEY MAY ARISE AND EVEN IF India INX HAVE BEEN PREVIOUSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
There are inherent dangers in the use of any software available for download on the Internet, and India INX cautions you to make sure that you completely understand the potential risks before downloading any of the software. You are solely responsible for adequate protection and backup of the data and equipment used in connection with any of the software, and India INX will not be liable for any damages that you may suffer in connection with using, modifying or distributing any of the software.
There are certain tools available as freeware. You may download and use these tools only if you agree with the terms & conditions given below. It is your responsibility to read it and understand its terms and conditions.
You may install and use the Software on any computer in your possession or under your control and copy and redistribute the Software provided it is not modified in any way and you do not charge for its distribution, without explicit prior written permission of India INX.
You may not: a. modify, translate, reverse engineer, decompile, disassemble, or create derivative works based on the Software; b. sell, rent, lease, or charge for access to the Software; c. remove any proprietary notices or labels on the Software. or distribute the Software for a fee, whether as a stand-alone product, or as part of a compilation or anthology, without India INX's prior written consent;
Title, ownership rights, and intellectual property rights in and to the Software, and any copies of the Software shall at all times remain with India INX and/or its suppliers. The Software is protected by the copyright laws of India and international copyright treaties.
TECHNICAL SUPPORT AND UPDATES
This Agreement does not entitle you to receive from India INX printed manuals, technical support, phone support, updates, or enhancements to the Software. India INX may at its own discretion offer fee-based support, consulting and custom engineering services for the Software.
NO India INX's VENDOR OR AGENT IS AUTHORIZED TO MAKE ANY MODIFICATIONS, EXTENSIONS, OR ADDITIONS TO THIS DISCLAIMER.
LIMITATION OF LIABILITY
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, UNDER NO CIRCUMSTANCES AND UNDER NO LEGAL THEORY, TORT, CONTRACT, OR OTHERWISE, SHALL India INX BE LIABLE TO YOU OR TO ANY THIRD PARTY FOR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY CHARACTER INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF GOODWILL, WORK STOPPAGE, COMPUTER FAILURE OR MALFUNCTION, OR ANY AND ALL OTHER COMMERCIAL DAMAGES OR LOSSES ARISING OUT OF THE USE OF OR INABILITY TO USE THE SOFTWARE, EVEN IF India INX SHALL HAVE BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGES.
These terms & conditions are in addition to the '
' on the India INX website/s and supersede any other communications, advertisements, or understandings with respect to the Software.
At India INX, we continuously upgrade ourselves and strive to provide world-class service. India INX is committed to operating a fair and orderly market that is both technology-driven as well as is fast paced, with an edge of efficiency.
India INX believes that employees are the driving force for its ambitious growth plans, and hence the focus is on attracting motivated, adaptable employees with a customer service focus, strong team spirit and sharp business acumen to fulfil our dreams.
India INX is committed to creating and maintaining a culture that fosters an inclusive, diverse workforce; and an environment in which every employee has the opportunity to demonstrate his or her potential by performing to meet the challenges ahead. In short meritocracy is the order that we respect.
India INX offers every employee a very congenial and vibrant working environment, conducive to bringing out the best in every employee.
If you are looking for a challenging career, in the fast-growing financial market and thrive in a fast-paced environment, explore your options at India INX.
Further, India INX is also inviting application for internship for various departments.
For more details, send your CV to
having job id in the subject line
Copyright © India International Exchange (IFSC) Ltd All Rights Reserved.