NSE Launches Global Access Platform with 2,000 Clients Enrolled on First Day

NSE International Exchange (NSE IX) Sees Strong Early Momentum for Global Access Platform

Key Highlights:

• 2,000 clients enrolled on the first day of the soft launch of NSE IX's Global Access platform
• The platform offers seamless, low-cost access to international markets, starting with US stocks and expanding to over 30 global venues

Global Access Platform Overview

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The Global Access platform, operated via a dedicated subsidiary NSE IX Global Access, enables quick digital onboarding with 30-second video KYC, fractional investing in equities and ETFs, browser/mobile access, and competitive low costs. The platform targets retail investors and NRIs under the Liberalised Remittance Scheme (LRS), bypassing the need for a traditional demat account initially.

Expansion Plans

The US market went live first during the soft-launch phase, with testing ongoing for about 10 days before full partner onboarding. Plans are in place for rapid expansion, with over 30 markets available for access to people in the next three to six months.

Diversification for India's Rising Affluent Class

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The outbound push complements NSE IX's inbound efforts in GIFT City, where it maintains over 99% market dominance. V Balasubramaniam, MD and CEO, NSE IX, positioned it as key diversification for India's rising affluent class: "As we move towards Viksit Bharat, this is another kind of diversification which Indian investors need."

Tech Enhancements and Regulatory Updates

Tech enhancements include AI integration in training, a new near-DR site for zero data loss resilience. Balasubramaniam appealed for pending SEBI guidelines on direct IFSC listings by Indian companies.

Sustainable Finance Wins

NSE IX has secured fresh sustainable finance wins, including the first blue bond listed on the exchange, marking Asia's first blue bond. This builds on last year's first international green bond from Sri Lanka and aligns with BIMSTEC focus. A same-day MoU was signed with the Colombo Stock Exchange.

Cross-Border Equities

The exchange is getting its first company from Cyprus to list on the platform, marking the first foreign equity listing. This follows the MoU signed during the Prime Minister's Cyprus visit, leveraging Cyprus as a European gateway amid the India-EU FTA.