The India International Exchange (INX) on January 14, 2025, notified regarding the registration of Application Service Providers (ASP) for registered Independent Software Vendors (ISVs).
The following has been stated namely: -
• INX has introduced an Application Service Provider (ASP) facility service referred to as ASP facility. It shall provide APIs for trading system interfacing, test environment access, mandate system testing, and a one-time audit report for ASPs.
• The ASP shall apply for empanelment with the Exchange using the specified format, accompanied by the required documents as attached below.
• The ASPs shall submit required documents, complete testing, and demonstrate their system to meet IFSCA/SEBI/Exchange standards for approval.
Detailed notification is attached below.
[Circular no. - 20250114-5]