ViewTrade Holding Corporation has made a significant announcement regarding the establishment of its newly licensed brokerage and fintech regional headquarters subsidiary, ViewTrade International IFSC Private Limited (VTI IFSC) in GIFT City, India. This move marks a strategic step for the company as it has obtained its IFSC trading member license with the National Stock Exchange IFSC (NSEIX), allowing it to provide B2B2C brokerage, custody, and technology solution services from GIFT City.
The establishment of VTI IFSC in GIFT City will enable financial services firms in the region to open, fund, and maintain global market access brokerage accounts for their customers residing in India and around the world. This move aligns with the growing demand for cross-border investing in the APAC, India, and Middle East regions, highlighting the significance of GIFT City in the global financial system.
VTI IFSC will cater to the needs of wealth managers, institutions, and retail clients by offering a wide range of financial products, including equities, ETFs, futures and options, mutual funds, fixed income, commodities, and alternative investment asset classes. The new entity will also provide services for margin accounts and facilitate connectivity to banking networks globally for efficient money movements.
Located within GIFT City’s Special Economic Zone, VTI IFSC’s new office will serve as a hub for cross-border investing and technology services for retail, wealth, and institutional customers worldwide, operating 24 hours a day. By keeping global access brokerage accounts in GIFT City, account owners can eliminate risks associated with holding accounts in different jurisdictions, ensuring a more secure and seamless global investing experience.
Ronit Kar, CEO of ViewTrade International IFSC, expressed excitement about the opportunities the new office in GIFT City will bring for VTI IFSC and its clients. The move reinforces the company’s pioneering status and aligns with its mission to drive innovation for cross-border investing and financial markets globally.
Tony Petrilli, CEO of ViewTrade Holding Corp, highlighted the significance of establishing VTI IFSC as a regional headquarters, scaling the company’s global footprint and providing unique access to one of the fastest-growing financial markets and economies in the world. The company is dedicated to providing clients with comprehensive technology, operations, and access solutions that streamline financial services and allow for innovation in customer experiences.
ViewTrade Holding Corp is a leading force in powering cross-border investing for financial services firms worldwide, providing technology, support, and brokerage services to create differentiating investment experiences for customers. With clients in over 30 countries, the company helps businesses deliver the investment access and financial solutions required in today’s dynamic market.
In conclusion, the establishment of ViewTrade International IFSC in GIFT City represents a significant milestone for the company in expanding its global presence and providing innovative solutions for cross-border investing. The move underscores the growing demand for financial services in the region and highlights GIFT City’s role as a key player in the global financial system.
