NSE IX unveils new brand identity of GIFT Nifty

Mumbai: NSE International Exchange (NSE IX) on Monday unveiled a new brand identity of GIFT Nifty as a part of the full-scale transition of SGX Nifty to Gift Nifty from July 3, 2023. According to the bourse, the new identity signifies a unique opportunity and new direction for international investors to participate in India's growth story to access Nifty products through NSE IX.

The strategic initiative between NSE IX and SGX enables Gift Nifty orders from SGX members to be routed to NSE IFSC for trading and execution with clearing and settlement through SGX Derivatives Clearing. Market participants can access Gift Nifty 50, Gift Nifty Bank, Gift Nifty Financial Services, and Gift Nifty IT derivative contracts on NSE IX for almost 21 hours from July 3, which overlaps Asia, Europe, and US trading hours. - Our Bureau