BSE’s India INX to commence India’s first gold options at GIFT IFSC

Bombay Stock Exchange (BSE)-promoted India International Exchange (India INX) has got Securities and Exchange Board of India (SEBI’s) approval to launch Gold Options. India INX will launch trading in gold options from August 30, 2017. India INX has estimated that gold options, along with other gold contracts, would clock a daily average turnover of USD 35 million on the exchange’s platform. India Inx began its operations on January 16, 2017 and is India’s first International Exchange set up at Gujarat International Finance Tech (GIFT) City in Gandhinagar.