Singapore Exchange (SGX) is pleased to inaugurate SGX India Connect IFSC Pte Ltd. today with the opening of our office in Gujarat International Finance Tec-City (GIFT City). We are also announcing the upcoming launch of GIFT Data Connect – another milestone in delivering the NSE IFSC-SGX Connect.
SGX deeply appreciates the support from the International Financial Services Centres Authority (IFSC Authority), GIFT SEZ and GIFT City officials, as well as our long-term partner the National Stock Exchange of India (NSE), who have helped to facilitate the establishment of SGX’s presence in GIFT City.
Through GIFT Data Connect, global investors can keep a finger on the pulse of India’s equity market, with real-time access to Nifty trading data and unrivalled insights into one of the world’s most exciting opportunities. This innovative link will bring our capital markets together with greater trust and efficiency.
We mark a milestone not only for SGX, but for Singapore’s ties with India in the financial markets.
SGX and NSE have been partners for over two decades, working together to enhance investor access and internationalise India’s capital markets. The Nifty 50 has become a benchmark familiar to global institutions that we can all be proud of.
Through GIFT City, we look forward to expanding our collaboration. With mutual growth and liquidity as our focus, we are working together to serve market participants around the world and create value for our customers. Incorporating international best practices, the NSE IFSC-SGX Connect will facilitate investor access and enhance capital flows with Nifty at its heart.
As Asia’s pioneering central counterparty, SGX is proud to be part of the GIFT City community working to connect the world to India.
We are delighted that GIFT City, India’s first IFSC, shares our ambition to drive capital flows and economic growth. GIFT City has embarked on many initiatives to establish itself as a regional hub for international financial services, and a leading gateway for global capital flows into and out of India.