operating from GIFT City (Gujarat International Finance Tec-City), Gandhinagar, India. It was established to facilitate offshore trading for global investors while keeping Indian markets accessible.
Key Features of NSE IX:
- Location – Operates from GIFT City, India’s first International Financial Services Centre (IFSC).
- Global Access – Allows foreign investors to trade in Indian stocks, indices, commodities, and currency derivatives without Indian regulatory restrictions.
- Trading Hours – Extended hours, covering multiple global time zones.
- USD-Denominated Contracts – Ensures seamless participation for international traders.
- Regulation – Overseen by the International Financial Services Centres Authority (IFSCA).
- Products Traded – Includes derivatives on indices like Nifty 50, Nifty Bank, Nifty Financial Services, and commodities such as gold and silver.
Recent Developments:
- NSE IX has introduced GIFT Nifty, replacing SGX Nifty, bringing all offshore Nifty trading from Singapore to India.
- Increasing participation from international traders and institutions.
- Plans for expanding product offerings in bonds and new derivatives.
Would you like a more detailed report or a specific aspect covered?
Follow Us
