The NSE International Exchange (NSE IX) on February 24, 2025, issued a circular regarding Remote Trading Participants (RTPs) on Stock Exchanges in the IFSC.
The following has been stated: -
•The IFSCA has issued guidelines for onboarding Remote Trading Participants (RTPs) on Stock Exchanges in the IFSC. Eligible entities must be regulated by a securities market authority in their home country, comply with anti-money laundering standards, and enter into an agreement with a registered Clearing Member.
•RTPs can trade on a proprietary basis only, with cash-settled derivative products, and must pay application and annual fees.
•Compliance submissions and conditions are outlined, and the previous circular is superseded.
The detailed circular is given in the document below.
[Circular No. 012/2025]
