NSE IX To Offer Access To 30 Global Markets In 3–6 Months

NSE International Exchange (NSE IX) plans to expand its Global Access platform to offer Indian investors access to equities across around 30 international markets within the next three to six months, according to MD & CEO V Balasubramaniam. The US market is already live, and further markets are targeted for rollout by end-2026.

What Markets And Timelines Are Planned?

The rollout will be phased. After the US launch, NSE IX plans to add equities from major developed markets, including Europe, Japan, and the UK. Market additions will follow regulatory and operational approvals.

Under the RBI’s Liberalised Remittance Scheme (LRS), resident individuals can remit up to USD 250,000 per financial year for overseas investments. All transactions on the platform will be denominated in US dollars and routed through GIFT City accounts.

The platform is open to Indian residents and NRIs, with digital onboarding and PAN-based KYC. A traditional demat account is not required.

How Will Trading Work?

Key features of the Global Access platform include:

• Fractional investing: Value-based orders allow purchase of partial shares.
  
• Portfolio reporting: Fractional holdings reflected in the user dashboard.
  
• No demat account: Settlement through GIFT City infrastructure.
  
• RBI LRS compliance: Remittances and reporting aligned with RBI rules.
  
• Web and mobile access: Trading and account management available on both.
  
• Product scope: Equities and permitted ETFs; no derivatives or crypto initially.
  

Other Key Highlights

• No stamp duty: International trades fall under the IFSCA regime.
  
• No STT: Overseas trades are not subject to domestic STT.
  
• Capital gains for NRIs: Tax treatment depends on applicable treaties and regulations.
  
• Extended trading window: Up to 21 hours to cover Asia, Europe, and the US.
  
• T+1 settlement: Next-business-day settlement cycle.
  

Key Takeaways

• This platform reduces friction for international diversification by consolidating access into a single regulated channel, avoiding multiple foreign brokers and operational complexity.
  

• Smaller ticket sizing improves capital efficiency and lets you build positions gradually instead of forcing large one-time bets.
  

• Lower execution overhead and faster settlement improve liquidity management and rebalancing speed.
  

• Longer trading windows improve timing flexibility across time zones, useful for event-driven or earnings-linked positioning.
  

• Treat this as long-term allocation infrastructure, not a vehicle for short-term speculation or frequent churn.
  

Sources

Business Today
Goodreturns
Free Press Journal