India INX has announced the launch of\u00a0India INX Global Access IFSC Limited(\u201cGlobal Access\u201d), a single centralized platform through which hedgers, traders and investors can access international exchanges from GIFT IFSC.\u00a0Global Access,<\/b>a wholly owned subsidiary of India INX, is the first of its kind platform from India and IFSC at GIFT City which will offer access to derivative and investment products traded on international exchanges.India INX Global Access has already established necessary connectivity with CME Group of exchanges namely CME,CBOT, COMEX, NYMEX currently.<\/u><\/u><\/p>\n
Speaking about the positive impact on Gujarat and GIFT CITY,\u00a0Arvind Agarwal (IAS), Additional Chief Secretary, Finance Department, Govt. of Gujarat,\u00a0who is leading the Vibrant Gujarat delegation to US that is currently in Chicago,said, “Gujarat has always been known for its markets astuteness and with the presence of GIFT IFSC it is now scaling new heights in the financial services sector. This new endeavor is a great opportunity for the state to showcase its prowess as an emerging international financial hub with connectivity to global exchanges.”<\/u><\/u><\/p>\n
India INX Global Access aims to become the leading financial services provider in IFSC GIFT City in the years ahead by facilitating a centralized access to international financial markets for its customers.For participants at GIFT IFSC, Global Access willprovide a unified single-window interface for trading on CME Group of exchanges with immediate effect. For members and clients of India INX, Global Accessoffersa competitive and sustainable value propositionto access global markets in a cost efficient way.<\/u><\/u><\/p>\n
V Bala, Managing Director and CEO of India INX and Chairman of India INX Global Access, said<\/span>, \u201cToday markets are highly integrated and as an offshore exchange, offering convenience to access markets globally at low cost is important. As India INX we have taken the first step in that direction by offering unified marketplace that will service access to international markets. CME group of exchanges\u2019 depth of liquidity across wide spectrum of asset class has been made accessible through India INX Global Access to all our participants. As trading and settlement at GIFT IFSC is US dollar based, the process will be frictionless for our participants.<\/span><\/u><\/u><\/p>\n Ajay Pandey, Managing Director and Group CEO, GIFT City<\/span>, said, “GIFT IFSC was envisaged to facilitate international transactions in Indian capital market and vice-versa. The Global Access will ensure that GIFT IFSC is connected with international exchanges via cutting-edge technology and becomes an<\/span>access point for both domestic and international investors. This will also promote interconnectedness between Indian and other capital markets.”<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" India INX has announced the launch of\u00a0India INX Global Access IFSC Limited(\u201cGlobal Access\u201d), a single centralized platform through which hedgers, traders and investors can access international exchanges from GIFT IFSC.\u00a0Global Access,a wholly owned subsidiary of India INX, is the first of its kind platform from India and IFSC at GIFT City which will offer access […]<\/p>\n","protected":false},"author":3,"featured_media":2287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,31],"tags":[1921,1922,1923],"class_list":["post-2286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india-inc","category-news","tag-gift-ifsc","tag-govt-of-gujarat","tag-vibrant-gujarat"],"aioseo_notices":[],"yoast_head":"\n