Synopsis: NSE International Exchange (NSEIX) has announced a record-breaking turnover of $106.22 billion for its GIFT Nifty futures contract in October 2025, surpassing its previous high in May. The milestone underscores GIFT City’s emergence as a global financial powerhouse and strengthens India’s standing in the international markets.
GIFT Nifty, the flagship international Nifty futures contract traded on NSE International Exchange (NSEIX), achieved a remarkable milestone in October 2025 by recording a monthly turnover of $106.22 billion. This represents a new record for the exchange, exceeding the previous peak of $102.35 billion set in May 2025.
According to NSEIX, a total of 2.11 million contracts were traded during the month, highlighting the growing global trust and investor participation in the GIFT Nifty platform. This achievement comes as part of a consistent upward trajectory since GIFT Nifty launched full-scale operations on July 3, 2023.
As of October 2025, the exchange has processed over 52.77 million contracts, generating a cumulative turnover of $2.40 trillion — a testament to the contract’s robust performance and the expanding international investor base.
NSEIX expressed its gratitude to global participants for their continued support, stating:
“We are glad to witness the success of GIFT Nifty and express our sincere gratitude to all the participants for their overwhelming support and making GIFT Nifty a successful contract.”
Adding to its recent achievements, GIFT Nifty also recorded a historic open interest (OI) on October 24, 2025, reaching 4,10,100 contracts worth $21.23 billion (?1,86,226 crore).
Located within GIFT City, NSEIX was established on June 5, 2017, and is regulated by the International Financial Services Centres Authority (IFSCA). The exchange boasts an impressive 99.7% market share in GIFT IFSC, offering a diverse range of financial products — from Indian single stock derivatives and index derivatives to currency and global stock derivatives.
Beyond trading, NSEIX also facilitates listings of equity shares, SPACs, REITs, InvITs, depository receipts, debt instruments, and ESG bonds, positioning it as a comprehensive hub for global capital activity.
In October 2025, India’s Union Finance Minister Nirmala Sitharaman further reinforced GIFT City’s global ambitions by launching a foreign currency settlement system, aimed at streamlining international transactions and enhancing trade and investment ease.
With its continued expansion, GIFT City is fast becoming a symbol of India’s economic modernization, bridging global investors with one of the world’s fastest-growing markets.
Disclaimer: The above article is based on publicly available financial data and statements from NSE International Exchange. Readers are advised to verify rates and figures before making any financial or investment decisions.
