The India International Bullion Exchange IFSC Limited (IIBX) on August 18, 2026, issued circular on Go-Live of New Bullion Spot Trading and Clearing Platform.
IIBX will launch its new Bullion Spot Trading and Clearing Platform on August 27, 2026, as part of its ongoing technology transformation aimed at making trading, clearing, and settlement more efficient. This follows an earlier circular (IIBX-TECH-2026-067, dated August 5, 2026) that had already flagged this transition.
A key change is the shortening of Client Codes (UCCs) from a 19-character format to a 9-character format, with the first three characters now identifying the client type for easier categorization. The Exchange has shared a mapping of old Member and Client Codes to their new equivalents, so members can update their records accordingly before go-live.
Additionally, Member Codes and Client Codes will now be uniform across both the Spot and Futures trading systems, eliminating the need to track separate codes per segment and simplifying operations for members participating in multiple trading segments.
[Circular no. IIBX-TECH-2026-073]
