Question
India INX, an IFSC-based exchange, signed a cooperation
agreement with Luxembourg Stock Exchange with an aim of ______________.Solution
India INX, an IFSC-based exchange, signed a cooperation agreement with Luxembourg Stock Exchange on June 01, 2022. The two exchanges will endeavour to enhance the visibility of listed Indian securities towards international investors by facilitating the admission of such securities listed on LuxSE. The Agreement builds on the Memorandum of Understanding signed between the two institutions in November 2020, which focuses on advancing green finance in India. The green corridor opportunity established with this dual listing cooperation agreement between India INX and LuxSE will go a long way in attracting more issuers from India and the region and provides access to green capital from international investors.
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