INDIA INX GLOBAL ACCESS (INDIAINXGA)

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CS Thakkar

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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.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 ("INDIA INXGA"), 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.INDIA 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. INDIA INXGA provides a single integrated terminal for trading on more than 130 exchanges across the globe, 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.INDIA INX Global Access aims to become the leading financial services provider by facilitating a centralised access to international financial markets for its customers. This shall provide a competitive and sustainable value proportion for members and their clients by decreasing their overall costs of accessing global markets.

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