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India International Exchange information


India International Exchange
India International Exchange logo
TypeStock Exchange
LocationGujarat International Finance Tec-City, Gandhinagar, Gujarat, India
Founded2017
OwnerMinistry of Finance, Government of India.
Key peopleMayank Jain (Company Manager)
Currency₹ (Indian rupee)
Websiteindiainx.com

The India International Exchange Limited (India INX) is India's first international stock exchange which is launched as a subsidiary of the Bombay Stock Exchange (BSE).[2] It is located at the International Financial Services Centre, GIFT City in Gujarat.[3]

It was inaugurated by the Prime Minister of India, Narendra Modi, on 9 January 2017.[4] The trading operations began on 16 January 2017. It operates on EUREX T7, an advanced technology platform. India INX claims that it is the world's fastest exchange, with a turn-around time of 4 microseconds.[5] It operates 22 hours a day, six days a week.[6] These timings facilitate international investors and Non-Resident Indians to trade from anywhere across the globe at their preferred time.

  1. ^ "India INX Contact us". www.indiainx.com. Retrieved 23 March 2023.
  2. ^ "PM Narendra Modi launches India's first international stock exchange". 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". Live Mint. Retrieved 16 January 2017.
  4. ^ "Modi inaugurates India's first international stock exchange at Gift city". The Times of India. 9 January 2017. ISSN 0971-8257. Retrieved 23 March 2023.
  5. ^ "About India INX". India INX. Retrieved 11 February 2020.
  6. ^ "PM Modi to inaugurate 16-storey international exchange in Gujarat to rival Singapore, Dubai". India Times. Indo-Asian News Service. 9 January 2017. Retrieved 16 January 2017.

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