New Delhi: The daily trading turnover at BSE's India International Exchange (India INX) on Wednesday crossed the Rs 2,500-crore mark. This is the highest volume recorded by the exchange since inception, accounting for 82 per cent of the total trading volumes in Gift City, India INX said in a statement.
The cumulative turnover on the India INX since inception is approximately $10 billion. India INX, a 100 per cent subsidiary of BSE, launched its trading operations at the International Financial Service Centre (IFSC) at the Gift City in Gujarat on January 16, 2017. The exchange provides a common platform for all asset classes -- equities, currencies and commodities. It operates 22 hours every day opening with the Japanese markets and closing with Chicago markets.
"We are very happy to complete a year of operation on Tuesday and this progress is a validation to our efforts which we are delivering seamlessly. This also reflects the increasing our interest in the IFSC amongst the broking fraternity.