BSE (Bombay Stock Exchange)- Bet on Financialization?

Received this in an email from support@indiainxga.com today.

Dear Investor,
Invest in global stocks, ETFs, bonds and mutual funds of 135 Exchanges across the globe from single integrated account. India INX GA also provide access of more than 80 diversified portfolios of renowned international portfolio managers.

Why BSE’s INDIA INX GA ?

  • Only regulated entity to provide outbound access to Resident Indian
    Investors from India, through GIFT CITY, IFSC
  • Facility to own truly fractional shares for US Stocks
  • Separate demat account not required
  • Low-cost advantage in remittance with INX GA partner banks
  • Stock Lending Facility to earn income on it
  • Investor is protected by Securities Investor Protection Corporation (SIPC)
    with an insurance of USD 500,000 (for investment in US)
  • Other Benefits:
    :: Zero Account opening and no annual charges
    :: Free Access to fundamental data of 30000 global stocks
    :: Free Access to tools for technical analysis
    :: Free Mobile, Desktop & Browser based trading applications

Have anyone here tried this? Looks interesting to me and if this is well implemented could generate significant revenue for BSE in the medium term.

This one looks more like a broking platform rather than an exchange. Check out for more information at https://www.indiainxga.com/

Thank you!

AJ
Disclosure: Remain invested in BSE.

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