Operating out of GIFT City, the platform now aligns its active sessions with Asian, European, and American financial hubs five days a week. This strategic expansion is designed to channel international capital into India by enabling cross-border investors to respond immediately to overseas developments. By minimizing daily system maintenance downtime, the hub bolsters its competitive position against other established global financial centers. To ensure uninterrupted service, the venue's upgraded technical architecture performs routine system maintenance between trading sessions in just three minutes.
Key points
Market participants can now execute trades across Asian, European, and American market ho…: Market participants can now execute trades across Asian, European, and American market hours to manage international risk.
The International Financial Services Centres Authority oversees the multi-asset internati…: The International Financial Services Centres Authority oversees the multi-asset international venue to support cross-border capital integration.
The initiative aims to elevate GIFT City's status as a competitive international financia…: The initiative aims to elevate GIFT City's status as a competitive international financial center connecting India with global markets.
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Under the revised schedule, market operations begin at 3.15 AM IST and continue until 2.45 AM IST the following day. The extended timings are designed to provide participants with access to markets during Asian, European and American trading hours, while strengthening GIFT City's role as an international financial centre connecting India with global capital markets.
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The near round-the-clock trading arrangement is intended to help market participants respond to developments in international markets and manage their exposure across different time zones. With the new schedule, NSEIX aims to provide a trading window covering nearly 24 hours a day, five days a week.
The exchange said its technology infrastructure supports the extended operating hours, with system maintenance and updates carried out within three minutes between trading sessions. Maintenance at the end of the trading day takes less than 15 minutes.
V. Balasubramaniam, managing director and chief executive officer of NSEIX, said the extension to 23.5-hour trading was an important step towards…
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