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India INX to start futures trading in 4 commodities in June

Press Trust of India  |  Mumbai 

BSE's International Exchange (INX) at GIFT City will commence trading in four new commodity derivatives products -- aluminium, lead, nickel and zinc -- from June 1.

The exchange at the International Financial Services Centre (IFSC) in GIFT City at Gandhinagar last month launched trading in gold, silver and copper.

"The exchange is pleased to inform all trading members that it shall commence futures trading in aluminium, lead, nickel and zinc, with effect from June 1, 2017," INX said in a circular today.

INX, the wholly-owned subsidiary of Asia's oldest bourse BSE, had commenced trading at International Tech (GIFT) City on January 16 this year.

INX has been one of the most advanced technology platforms with a turnaround time of four micro seconds. It operates 22 hours, six days a week, to allow global investors and NRIs to trade from anywhere.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 19 2017. 19:48 IST