SGX Opens Offshore Office in India

Oct 25, 2021Updated Jun 4, 20251 min read

The office will kick-start SGX India Connect IFSC, a special purpose vehicle that will facilitate SGX’s upcoming connection with India’s National Stock Exchange (NSE).

Singapore Exchange (SGX) has opened the SGX-International Financial Services Centre (IFSC) office in India’s Gujarat International Finance Tec-City (Gift City), according to a report on Friday.

SGX will also be launching Gift Data Connect to provide SGX’s international members with access to real-time trading data of Nifty contracts via its derivatives trading platform and give investors unrivaled insights into India’s equity market.

The upcoming NSE IFSC-SGX Connect aims to bring together the trading of Nifty products in Gift City and create a larger pool of liquidity comprising international and home market participants.

Tags

About the author

Mei Ling Tan

Contributor · RetailNews.asia

Mei Ling Tan is the Editor of Retail News Asia, where she leads the editorial team in delivering in-depth coverage of Asia’s dynamic retail landscape. With over a decade of experience in business journalism, Mei Ling is known for her sharp analysis, deep industry insights, and commitment to uncovering the stories behind Asia’s most innovative retail brands. Before joining Retail News Asia, Mei Ling held senior reporting roles at regional business publications, covering everything from consumer trends to digital transformation in retail. A graduate of the National University of Singapore with a degree in Communications and New Media, she combines journalistic integrity with a strong understanding of evolving market forces. Outside the newsroom, Mei Ling is a frequent speaker at industry panels and a mentor for young journalists.

Asia's retail intelligence, in your inbox