Flying even higher daily trading turnover on BSE’s India INX at GIFT city crosses Rs 1,800 crore mark
December 19, 2017
Gandhinagar:
BSE’s India International Exchange, country’s first international exchange situated in the GIFT city near here, today witnessed an all-time high turnover of over Rs. 1,800 crore in daily trading turnover in the ongoing market session.
The exchange which went live in January this year and operates 22 hours every day – opening with the Japanese markets and closing with Chicago markets, had touched the Rs 1000 crore daily transaction mark in the first week of this month and crossed 1700 crore mark recently.
Rs 1800 crore turnover achieved today is the highest daily trading volumes recorded by the exchange since inception, accounting for 90% of the total trading volumes in Gift City. Cumulative turnover on the India INX since inception is approximately 10 billion US dollars.
Speaking about the development, MD & CEO Mr. V. Balasubramaniam said, “India INX has witnessed significant progress in trading volumes, since we commenced operations on January 2017. This reflects the increasing interest in the IFSC amongst the broking fraternity and also the efforts put in to build out the exchange ecosystem. We are positive that this momentum will continue into the New Year as well.”
DeshGujarat
Related Stories
India INX at GIFT City Gujarat permits trading in international stocks
GIFT City Gujarat based BSE India INX daily turnover volume peaks at all time high of INR 8,112.58 crores
Recent Stories
- 20 years imprisonment to sacked IPS Sanjiv Bhatt for planting drugs
- Movie theater, PG hostel, Game Zone in TRP mall sealed by AMC
- Adani’s copper unit in Mundra begins operations
- Gujarat Super League to Revolutionize Football Landscape in Gujarat
- Patil takes data and mathematics class of party office-bearers in Rajkot
- Gandhinagar Municipal Corporation becomes Congress-mukt
- Panchmahal Congress candidate faces trust deficit among section of party workers