India INX notified regarding the registration of Application Service Providers (ASP) for registered Independent Software Vendors (ISVs)

Jan 15, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe 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]


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