You can soon buy Google, Apple shares on NSE IFSC.
NSE International Exchange NSE IFSC on Monday said it has set up infrastructure for Indian investors to buy US stocks and broker registration is under way.
Currently, Indian investors buy US stocks through designated online brokers who have the permission from US and Indian regulators.
NSE is starting to feel the heat of Crypto currency trading.
High leverage, no transaction tax and 24X7 markets. But i m not sure this IFSC things can work. They can not compete with like of binance or coinbase or kraken in terms of platform, leverage and cost
The article on Moneycontrol mentioned, one has to have demat account in GIFT City.
So our existing Demats won’t work?!
It is a little confusing 
are bhai log if this exchange allows risk based option strategy maza aajaega like for credit spread pay only max risk this exchange will not come under SEBI it is under IFSC
@nithin any chances zerodha would be able to allow us to put money via ifsc?
Any idea if we can only trade in stocks or also invest as there RBI restricts leverage.
This is something we are looking at. Since IFSC is regulated by Indian Govt, it also covers for any potential regulatory issues of allowing our customers to invest in international stocks.
Is there any update from NSE on this IFSC route for US stocks?
@nithin , is Zerodha waiting on NSE or you could find any other low-cost alternatives?
We are waiting on NSE. For now, this also seems to be regulatorily the best route to take.
India INX have also mentioned about providing platform for trading options in various countries for their members. Does that mean rbi provisions won’t affect prop desks setting up there?
If you are a company based out of GIFT IFSC and not within India, maybe the restrictions don’t apply. @somnath248 maybe we can have this checked.
Hi Prakhar,
Just confirmed with INX, if you are a trading member/investor located at GIFT-IFSC, or a NRI, trading options will be permitted.
Trading options for resident Indians via LRS is not permitted. Furthermore, products such as leveraged ETFs such as 2x/3x equity based ETFs are also not permitted by INX.
Thanks!
Hi @nithin / @somnath248 , now that mutual fund houses have stopped fresh investments into international funds, the only option for international equity investment through Zerodha is now closed (albeit temporarily).
Is there any near term hope for Zerodha to provide direct investing in US stocks through NSE IFSC or any other route?
This will still take time. The IFSC setup of exchanges for investing in international securities are yet to get regulatory blessings.
Per this article, this might only be temporary… hopefully…
It seems there are more updates and 8 stocks appear to start trading from March 3 (the day after tomorrow).
The list of NSEIFSC Receipts along with security codes and other details for which the trading will commence from March 03, 2022 are given at Annexure 2.
https://www.nseifsc.com/content/circulars/NSEIFSC_REG_792.pdf
https://www.nseifsc.com/content/circulars/NSEIFSC_TRADE_794.pdf
@nithin does this mean we can place orders from Kite @ Zerodha from March 3 or sometime later in near future?
As per the circular, the Instrument for these trades is USAIDR, could anyone shed some light on this? Are there any disadvantages in terms of pricing of stock or liquidity?
Symbol ISIN Instrument Name
GOOGL IFC000000039 USAIDR
@nithin Hi, Sir NSEIFSC has started offering opportunities to trade US STOCKS from India but you are not the TM/trading member (Licensed Broker) of NSEIFSC. please take that membership and give us opportunities to trade thru NSEIFSC platform.
Blockquote
**WE INVESTORS ARE 100% TRUST ZERODHA. **
SO WE ARE WANTED TO TRADE USING ONY ZERODHA.
Please provide opportunities to trade NSEIFSC US STOCKS using ZERODHA
Blockquote
Thanks!
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