The India International Bullion Exchange IFSC Limited (IIBX) on March 24, 2026, notified regarding the Opening of demat accounts for trading on IIBX.
The following has been stated:
• The International Financial Services Centres Authority has directed that India International Depository IFSC Ltd. will stop accepting new demat account applications with immediate effect. All new and existing participants of the India International Bullion Exchange shall open demat accounts with a depository participant instead.
• Existing IIDIL account holders shall shift to new demat accounts with a depository participant by June 30, 2026. From July 1, 2026, trading on IIBX will be allowed only for those members/customers who comply with this requirement.
[Notification no. - IIBX-MEM-2026-022]
