>  About India ICC
About  India ICC

  • BSE became the first stock exchange in the world to sign a Memorandum of Understanding (MoU) with GIFT SEZ Ltd., a wholly owned subsidiary of GIFT at the Vibrant Gujarat Global Summit in January 2015.

  • BSE intended to develop a world class Clearing Corporation to clear and settle widest range of global benchmark products across all major asset classes, including securities, equity derivatives, precious metals, base metals, energy, agricultural commodities, interest rates, currencies etc., subject to necessary approvals and operating guidelines from regulators.

  • BSE promoted the India International Clearing Corporation (IFSC) Ltd. (India ICC) as the first clearing corporation at the IFSC, Gift City, Gandhinagar. India ICC presently provides clearing & settlement, risk management and collateral management services to the India International Exchange (IFSC) Ltd. (IndiaINX), a wholly owned subsidiary of the BSE operating at the IFSC, Gift City, Gandhinagar.

  • India ICC commenced operation from January 16, 2017.