BSE's India INX daily turnover crosses all-time high of Rs 31,253 crore
BSE-owned India International Exchange (India INX) Thursday registered an all-time high daily turnover of over Rs 31,253 crore (USD 4.5 billion) on its derivative segment.
The average daily trading volumes have crossed over Rs 11,225 crore (USD 1.63 billion) in 2019 while the cumulative trading turnover has crossed the Rs 27,83,766 crore (USD 403 billion) mark driven by a substantial jump in market participation, the statement said.
India INX "witnessed an all-time high turnover of over USD 4.5 billion (Rs 31,253 crore approx) on its derivative segment in daily trading turnover on July 25, 2019," the exchange said in a statement.
India INX, a wholly-owned subsidiary of BSE, is India's first International Exchange set up at Gujarat International Finance Tech-City (GIFT City). It provides competitive advantage in terms of tax structure and supportive regulatory framework.