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The cumulative whole trading turnover for the India International Exchange has crossed $500 billion, pushed by a considerable jump in trading volume that has elevated to over 37.15 million contracts, the alternate stated.

The BSE’s India International Exchange (India INX) is the nation’s first worldwide alternate, based mostly in the International Financial Services Centre (IFSC) at GIFT City.

It has a median day by day turnover of $2,290 million (Rs 16,254 crore), with an general market share of 87 per cent in IFSC for the quarter-ended September 2019, the alternate stated in a launch.

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