>  Admission Process & FAQ
Admission Process & FAQ

For applying to register as RTP with India INX, applicant first shall submit basis information and other declaration. If applicant found fit and proper for RTP registration applicant shall submit application for membership with membership department of INDIAINX.

Click here to download Application form and checklist-

1. What are the eligibility criteria for an entity to become an RTP?

  • Resident of a country whose securities market regulator is a signatory to the International Organization of Securities Commission’s Multilateral Memorandum of Understanding (IOSCO-MMoU) or a signatory to the bilateral Memorandum of Understanding (MoU) with IFSCA. ( List of exchanges allowed by IFSCA )
  • Body corporate.
  • Not a resident of a country identified in the public statement of the FATF as – a jurisdiction having strategic AML or CFT deficiencies to which counter measures apply; or a jurisdiction that has not made sufficient progress in addressing the deficiencies or has not committed to an action plan developed with the FATF to address deficiencies.
  • Permitted to trade only on a proprietary basis and shall not be permitted to onboard clients.
  • Permitted to transact only in cash-settled derivative products on the Stock Exchanges.
  • Required to enter into an agreement with an IFSCA registered Clearing Member for clearing and settlement of its transactions executed on the Stock Exchanges.
2. What kind of products can RTPs trade in?

  • Single Stock Future & Options.
  • Equity Indices Future & Options.
  • Currency Futures & Options.
  • 126 Indian Stocks Sensex.
INDIA50, EURUSD, GBPUSD, JPYUSD, INRUSD ,USDINR
https: //www.indiainx.com/static/productsnapshot.aspx

3. Can RTPs on board clients? -

RTP can do only proprietary trading and are not permitted onboard clients for brokerage services.


4. Can RTPs become self-clearing or clearing members? -

No. RTPs are not allowed to become clearing members. They must appoint IFSCA @registered Clearing Member for the clearing and settlement of their trades. List of clearing members:
List of Clearing Members of INDIAI ICC


5. What are the benefits of becoming a Remote Trading Participant?

  • Remotely trade on the IFSC exchanges without having to establish a presence in GIFT IFSC.
  • No Infrastructure costs involved
  • Increased participation leading to more vibrant and liquid market.
6. Can an entity incorporated in India and registered with SEBI become a Remote Trading Participant with INDIAINX?

No, Entities incorporated in India and registered with SEBI are not eligible to be onboarded as Remote Trading Participants.

7.Do I need to obtain a registration certificate from IFSCA?

No, obtaining a registration certificate from IFSCA is not required to become a Remote Trading Participant with INDIAINX.

8. What are the fees associated with RTP?

The fees for RTP are:
Application Fee: USD 1,000 (one-time)
Annual Membership Fee: USD 10,000

9. What is the compliance requirement to be followed for becoming a Remote Trading Participant with INDIAINX?

Remote Trading Participants must comply with IFSCA (AML, CTF, and KYC) Guidelines, 2022 and other compliances as given at below link List of compliances

10. Is code of conduct applicable for RTP?

Yes, Code of conduct prescribed in schedule-III of International Financial Services Centers Authority (Capital Market Intermediaries) Regulations, 2021 shall be complied by RTP.