The India International Exchange IFSC Limited (India INX) is a wholly owned subsidiary of the Bomaby Stock Exchange (BSE). The India INX commenced mock trading from India INX's data centre on December 17, 2016 and it was officially inaugurated by Prime Minister Shri Narendra Modi on January 9, 2017. Live trading activities for India INX commenced on January 16, 2017.
India INX offers a diversified portfolio of products and technology services at a cost which is more competitive to Indian exchanges as well as other global exchanges through an advanced technology platform with a turn-around time of 4 micro seconds. It operates for 22 hours a day to allow international investors the ability to trade from anywhere across the world. In the first phase, it proposes to commence trading in equity derivatives, currency derivatives, commodity derivatives. Subsequently, depository receipts and bonds would be offered once the required infrastructure is in place.