GIFT Nifty Sets an All-Time High Monthly Turnover of
US $100.93 billion for the Month of April 2025
The Economic Times
GIFT Nifty logs record monthly turnover of $100.93 billion in April
GIFT Nifty recorded its highest-ever monthly turnover in April, reaching $100.93 billion, according to a statement from NSE International Exchange (NSE IX) on Friday. The surge in activity highlights growing international interest in Indian equity derivatives through the GIFT City platform. The April figure marks a new milestone for the contract, surpassing the previous monthly turnover record of $100.7 billion set in September 2024. Trading volume for the month stood at 2.17 million contracts, NSE IX said in its press release. “This milestone reflects the growing global interest and trust in GIFT Nifty as a benchmark for India’s growth story,” NSE IX stated. The exchange attributed the increase to strong participation and sustained momentum since the full-scale launch of GIFT Nifty on July 3, 2023. Since that launch, the contract has seen cumulative volumes of over 41.18 million contracts and a total turnover of $1.83 trillion through April 2025, the exchange added. Heading: - GIFT Nifty Sets an All-Time High Monthly Turnover of US $100.93 billion for the Month of April 2025 Source: - Various Publications Date: - 01 May 2025 NSE IX, a multi-asset international exchange operating from Gujarat International Finance Tec-City (GIFT City), was established on June 5, 2017, and is regulated by the International Financial Services Centres Authority (IFSCA). The exchange holds a market share of over 99% within GIFT IFSC. NSE IX offers trading in Indian single stock and index derivatives, currency derivatives, global stocks, and depository receipts. It also provides a full suite of primary market products, including listings of equity shares, SPACs, REITs, InvITs, and ESG-linked debt under the IFSCA (Listing) Regulations, 2024.The platform has received exemptions under CFTC Regulation 30.10 and SEC class relief under the U.S. Securities Exchange Act of 1934, enabling U.S.-based investors to access derivatives listed on NSE IX.
Updated on: 03/07/2025
