Contact
Your Financial Adviser Money Making MC
12Th
Aug 2016
The
BSE on Thursday said it has got an approval from Ministry of
Corporate Affairs to establish BSE International Exchange and BSE
International Clearing Corporation at Gujarat International Finance
Tec-City (GIFT).
In
2015, the stock exchange had signed an MoU with the GIFT SEZ Ltd to
set up two entities at the country's first International Financial
Services Centre (IFSC).The Total Investment & Insurance Solutions
"BSE
intends to develop an international exchange providing an electronic
platform for facilitating trading, clearing and settlement of
securities, commodities, interest rates, currencies, other classes of
assets and derivatives by international investors in the GIFT
SEZ-IFSC, subject to necessary approvals and operating guidelines for
IFSCs," a statement said.The Total Investment & Insurance
Solutions
"...International
stock exchange will provide a platform to trade on equity
derivatives, commodity derivatives currency derivatives, interest
rate derivatives for Indian and foreign investors," said stock
exchange's Managing Director and CEO Ashish Kumar Chauhan.
It
will also provide platform for global securities listed on the
international exchanges such as NYSE, LSE, NASDAQ etc., he said.The
Total Investment & Insurance Solutions
No comments:
Post a Comment