India International Exchange
The India International Exchange Limited is India's first international stock exchange. It is located at the International Financial Services Centre, GIFT City in Gujarat. It is a subsidiary of BSE Limited.
It was inaugurated by Indian Prime Minister Narendra Modi on 9 January 2017. The trading operations began on 16 January 2017. It operates on EUREX T7, an advanced technology platform. It is the world's fastest exchange, with a turn-around time of 4 microseconds. It operates 22 hours a day, six days a week. These timings facilitate international investors and Non-Resident Indians to trade from anywhere across the globe at their preferred timings.The Daily Volume traded is US $ 1.5 Billion or Rs.10,000 Crores
Asian Development Bank listing the bonds on India International Exchange. ADB recently raises $118 million from rupee-linked bonds and supporting the development of financial market infrastructure in India.
