Mar 152017
 

BSE, Asia’s oldest stock exchange and now world’s fastest exchange with the speed of 6 microseconds, it is also first to establish the country’s first International Exchange at the international financial services centre (IFSC) GIFT city Gandhinagar.

BSE signed an agreement with GIFT SEZ Limited in January 2015 to set up International Exchange and International Clearing Corporation at the GIFT IFSC. Built over an area of 880 acres, the Gujarat International Finance-Tec City is envisaged as an international hub for capital market trade.

India International Exchange IFSC Limited (India INX) and India International Clearing Corporation IFSC Limited (India ICC) are wholly owned subsidiary of the BSE Limited. India INX and the India ICC have commenced mock trading from India INX’s data centre at GIFT City from December 17, 2016.

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 Posted by at 2:56 pm