BSE’s India INX daily turnover crosses Rs 3,600 cr-mark

BSE-promoted India International Exchange (India INX) on Thursday said it has crossed an all time high daily turnover Rs 3,600 crore-mark (USD 530.59 million) in its derivatives segment.

The exchange achieved the milestone yesterday, India INX said in a statement.

India INX also achieved an all-time high monthly Average Daily Volume (ADV) of 24,312 contracts (lots) during April 2018, an increase of over 18 times from April 2017 (1,305 lots).

As on May 16, 2018, the cumulative trading volume of India INX Derivatives segment has increased to 2.46 million contracts with the cumulative trading turnover surpassing USD 39.6 billion. Remarkably, India INX’s trading volume during the first 4 months of calendar year 2018 of 1.42 million contracts is more than the trading volume (0.78 million contracts) during the entire calendar year 2017, press release added.

India INX, is the first international exchange from India at International Financial Service Centre (IFSC), Gujarat International Finance Tech (GIFT).

 

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