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It is India’s first International Exchange
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It is in International Financial Service Centre (IFSC) of GIFT (Gujarat International Financial Tech) City Gandhinagar, Gujarat
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India INX is a wholly-owned subsidiary of the Bombay Stock Exchange (BSE).
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It will enable Indian firms to compete on equal footing with offshore firms
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India INX will initially trade in equity derivatives, currency derivatives, commodity derivatives including index and Stocks. Subsequently, it will offer depository receipts and bonds once required infrastructure is ready
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It will work for 22 hours in a day working from sunrise to sunset i.e. starting when Japan exchanges begin and close when US markets end.
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It will have 250 trading members including commodity and overseas brokers.
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India INX is one of the most advanced technology platforms with turnaround time of 4 seconds.
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It will facilitate international investors and NRIs to trade from anywhere in the world
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It will provide benefits in terms of waiver of security transaction tax, commodity transaction tax, dividend distribution tax, long term capital gain tax and income tax.