BSE & India INX Becomes 1st Indian Exchanges to Sign MoU with Moscow Exchange
- India’s premier exchange, BSE and The India International Exchange (IFSC) Limited (India INX), India’s first international exchange based in the International Financial Services Centre (IFSC), have signed a memorandum of understanding (MoU) with Moscow Exchange (MOEX) on April 3, 2019.
- The purpose of the MoU is to bring together the investors’ community and companies in both countries for setting capital formation platform on a larger scale.
- With this, BSE and India INX has become the first Indian Exchanges to enter into the MoU with Moscow exchange and will facilitate the development of channels of communication.
- The MoU will help to boost professional intermediaries in both markets to share their know-how and expand their client network in their home market and abroad.