IIBX-India International Bullion Exchange (IFSC) Limited, GIFT City, SEZ, FAQ's

This website, www.iibx.co.in and any other regional language websites and the Windows Store Apps (hereinafter referred to as "the Website") are operated by IIBX IFSC Limited, (hereinafter referred to as "IIBX").
IIBX does not offer any services to any person through the Website. Access to any information on or through the Website is provided only on an "as is where is basis" and "with all faults". All information or products available on or through the Website, and any software made available on the Website, are on the "best effort basis".
IIBX does not, expressly or impliedly, warrant, guarantee or make any representations concerning the use, results of use or inability to use or access the information or contents of the Website, in terms of accuracy, reliability, completeness, correctness, functionality, performance, continuity, timeliness or otherwise, fitness for a particular purpose.. Any information or data available on the Website may contain inaccuracies and/or typographical errors. IIBX does not warrant that the Website or functions thereof will be uninterrupted or free of any error or defect or that information on the Website will satisfy any intended purpose or requirement of the user.
The user assumes the entire risk with respect to the use, results of such use, in terms of accuracy, reliability, performance, completeness, comprehensiveness, correctness, functionality, performance, continuity, timeliness of the information, data or any content available on the Website.
IIBX disclaims any and all liability, current or future, for any error made or omission committed with respect to the transmission of data, information or material available on the Website.
The user waives his or her right to any claim based on the detrimental effects or results of any reliance placed by the user on any information or data available on the Website.
The development of the Website with respect to the nature of the information or data available on the Website, is a continuous and ongoing process. IIBX disclaims any and all liability and/or responsibility for loss of any information or data, or any consequence, intended or unintended, due to the operation of the Website. IIBX does not assume or purport to assume any responsibility or liability to the user for failure or inability of the user to access or use the Website for any purpose. Published information or data available on the Website may not be current or up to date for any purpose
This Website is not to be and should not be construed as purporting to offer any information or services to citizens of such jurisdictions whose laws conflict with, differ from, or provide higher requirements than those necessitated by the laws of the Republic of India.
This Website may contain links to other websites operated by parties other than IIBX. IIBX is not responsible for the contents of or information offered by any linked website or any link contained in a linked website, or any changes or updates to such websites, irrespective of whether these websites are operated by members of IIBX or other third parties. Inclusion of such a link on the Website does not imply any degree of endorsement by IIBX, regarding the quality of information provided or the nature of content by such a linked website
The Website may contain information sourced from third parties. IIBX is not responsible for the contents of or information offered by such third parties on the Website.
IIBX neither endorses any product or service sold by its member-brokers, sub-brokers affiliated with its member brokers, or any other party nor makes any representation or warranty, express or implied, of any kind whatsoever, including but not limited to, warranties or merchantability or fitness for any particular purpose.
IIBX does not provide any advice in this regard and shall not be liable to any person who enters into any business relationship with a member-broker/sub-broker, and / or any other party based on any information accessed from the Website or uses such information or is accessing any information for any investment, company affairs, legal, tax or accounting advice or advice regarding the suitability or profitability of a security or investment. Any information on the Website must not be construed as business/investment advice, and the user should exercise due caution and/or seek independent advice before the user enters into any business relationship with any member broker/sub-broker, and /or any other party or enters into any investment or financial obligation based on any information provided on the Website
Any person who is accessing or has accessed any information or data from the Website acknowledges and agrees that all proprietary rights, statutory or otherwise, in the information received by such person shall remain the exclusive property of IIBX. Any reproduction, redistribution or transmission, for consideration or otherwise, of any such information contained in the Website is strictly prohibited and would constitute a breach of the laws of India.
IIBX shall not be liable for any claims or losses of any nature, arising directly or indirectly, from the use or application of the data, information or material accessed from the Website. Any change or amendment to this disclaimer, altering any of the provisions set out herein, may be made at the sole discretion of IIBX, without notice.
In relation to any legal action or proceedings against IIBX in a court of law regarding any matter connected or related to use or access of this Website, such person accessing this Website irrevocably submits to the exclusive jurisdiction of the courts of Ahmedabad and waives any objection to such proceedings on grounds of venue or on the grounds that the proceedings have been brought in an inconvenient forum. The governing law in such legal proceedings referred to above shall be the laws of the Republic of India.
Nothing contained in the Website or this Disclaimer may be construed to create a privity of contract between the user and IIBX.
The contents of this disclaimer are also applicable to IIBX's regional language websites and to any other facilities/tools as 'view only', 'download' or 'executable' offered through the Website that shall be subject to additional specified Terms and Conditions. IIBX will make every effort to keep the Website current and to correct errors brought to the notice of IIBX
The contents of this disclaimer are also applicable to IIBX's regional language websites and to any other facilities/tools as 'view only', 'download' or 'executable' offered through the Website that shall be subject to additional specified Terms and Conditions. IIBX will make every effort to keep the Website current and to correct errors brought to the notice of IIBX
Trademark Notice. IIBX is trademarks and/or service marks of IIBX and all rights accruing from the same, statutory or otherwise, wholly vest with IIBX. Any violation of the above would constitute an offence under the laws of India and international treaties governing the same.
IIBX, or any of its affiliated companies, does not represent or endorse the accuracy or reliability of any of the advertisements (collectively), i.e. links, downloads, distributions or other information accessed directly or indirectly from host advertisements contained on this website nor the quality of any products, information or other materials displayed, purchased or obtained by any consumer, as a result of an advertisement or any other information or offer in connection with the service or products. The exchange shall not be responsible for any errors or omissions contained within any third party advertisement contained within this website. The exchange expressly clarifies that it is not providing any "co - branding" and is not associated in any way with any of parties that may choose to advertise in this website.
The exchange expressly disclaims any and all warranties, expressed or implied, including without limitation, warranties of merchantability and fitness for a particular purpose, and non-infringement, with respect to the service or any materials and products.
This site may contain links to other web sites operated by third parties ("linked sites"). The exchange neither endorses nor is affiliated with the linked site and is not responsible for any content of any linked site or any link contained in a link site, or any changes or updates to such sites.
In no event shall the exchange be liable for any damages, whatsoever, and in particular, shall not be liable for direct, indirect, consequential, incidental, or punitive damages, or damages of lost profits, loss of revenue, or loss of use, arising out of related to any advertisements on this website, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise. In particular the exchange shall not be responsible for or liable for any threatening, defamatory, obscene, offensive or illegal content appearing in the advertisements and further shall not be responsible for any infringement of another's rights, including intellectual property rights
THE IIBX IFSC LIMITED ("EXCHANGE"), OR ANY OF ITS AFFILIATED COMPANIES, DOES NOT REPRESENT OR ENDORSE THE ACCURACY OR RELIABILITY OF ANY OF THE ADVERTISEMENTS (COLLECTIVELY), I.E. LINKS, DOWNLOADS, DISTRIBUTIONS OR OTHER INFORMATION ACCESSED DIRECTLY OR INDIRECTLY FROM HOST ADVERTISEMENTS CONTAINED ON THIS WEBSITE NOR THE QUALITY OF ANY PRODUCTS, INFORMATION OR OTHER MATERIALS DISPLAYED, PURCHASED OR OBTAINED BY ANY CONSUMER, AS A RESULT OF AN ADVERTISEMENT OR ANY OTHER INFORMATION OR OFFER IN CONNECTION WITH THE SERVICE OR PRODUCTS. THE EXCHANGE SHALL NOT BE RESPONSIBLE FOR ANY ERRORS OR OMISSIONS CONTAINED WITHIN ANY THIRD PARTY ADVERTISEMENT CONTAINED WITHIN THIS WEBSITE. THE EXCHANGE EXPRESSLY CLARIFIES THAT IT IS NOT PROVIDING ANY "CO – BRANDING" AND IS NOT ASSOCIATED IN ANY WAY WITH ANY OF PARTIES THAT MAY CHOOSE TO ADVERTISE IN THIS WEBSITE.
THE EXCHANGE EXPRESSLY DISCLAIMS ANY AND ALL WARRANTIES, EXPRESSED OR IMPLIED, INCLUDING WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT, WITH RESPECT TO THE SERVICE OR ANY MATERIALS AND PRODUCTS.
THIS SITE MAY CONTAIN LINKS TO OTHER WEB SITES OPERATED BY THIRD PARTIES ("LINKED SITES"). THE EXCHANGE NEITHER ENDORSES NOR IS AFFILIATED WITH THE LINKED SITE AND ARE NOT RESPONSIBLE FOR ANY CONTENT OF ANY LINKED SITE OR ANY LINK CONTAINED IN A LINK SITE, OR ANY CHANGES OR UPDATES TO SUCH SITES.
IN NO EVENT SHALL THE EXCHANGE BE LIABLE FOR ANY DAMAGES, WHATSOEVER, AND IN PARTICULAR, SHALL NOT BE LIABLE FOR DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL, OR PUNITIVE DAMAGES, OR DAMAGES OF LOST PROFITS, LOSS OF REVENUE, OR LOSS OF USE, ARISING OUT OF RELATED TO ANY ADVERTISEMENTS ON THIS WEBSITE, WHETHER SUCH DAMAGES ARISE IN CONTRACT, NEGLIGENCE, TORT, UNDER STATUTE, IN EQUITY, AT LAW OR OTHERWISE. IN PARTICULAR THE EXCHANGE SHALL NOT BE RESPONSIBLE FOR OR LIABLE FOR ANY THREATENING, DEFAMATORY, OBSCENE, OFFENSIVE OR ILLEGAL CONTENT APPEARING IN THE ADVERTISEMENTS AND FURTHER SHALL NOT BE RESPONSIBLE FOR ANY INFRINGEMENT OF ANOTHER'S RIGHTS, INCLUDING INTELLECTUAL PROPERTY RIGHTS.
Copyright Notice. Except as otherwise noted on this Website, the contents of this Website are copyrighted © 2021 by IIBX. All rights are reserved. No part of the information on this Website, including text, graphics and html code, may be reproduced or transmitted in any form by any means, without the express written consent of IIBX.

THE SOFTWARE IS PROVIDED BY India International Bullion Exchange IFSC Limited (IIBX) THROUGH ITS WEBSITE/S ON "AS IS" AND "WITH ALL FAULTS" BASIS. IIBX MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND CONCERNING THE QUALITY, SAFETY OR SUITABILITY OF THE SOFTWARE, EITHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.
IIBX MAKES NO REPRESENTATIONS OR WARRANTIES AS TO THE TRUTH, ACCURACY OR COMPLETENESS OF ANY STATEMENTS, INFORMATION OR MATERIALS CONCERNING THE SOFTWARE THAT IS CONTAINED ON AND WITHIN ANY OF THE WEBSITES OWNED AND OPERATED BY IIBX.
IN NO EVENT WILL IIBX BE LIABLE FOR ANY DIRECT, INDIRECT, PUNITIVE, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES HOWEVER THEY MAY ARISE AND EVEN IF IIBX HAVE BEEN PREVIOUSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
There are inherent dangers in the use of any software available for download on the Internet, and IIBX cautions you to make sure that you completely understand the potential risks before downloading any of the software. You are solely responsible for adequate protection and backup of the data and equipment used in connection with any of the software, and IIBX will not be liable for any damages that you may suffer in connection with using, modifying or distributing any of the software.
There are certain tools available as freeware. You may download and use these tools only if you agree with the terms & conditions given below. It is your responsibility to read it and understand its terms and conditions.
You may install and use the Software on any computer in your possession or under your control and copy and redistribute the Software provided it is not modified in any way and you do not charge for its distribution, without explicit prior written permission of IIBX.
You may not: a. modify, translate, reverse engineer, decompile, disassemble, or create derivative works based on the Software; b. sell, rent, lease, or charge for access to the Software; c. remove any proprietary notices or labels on the Software. or distribute the Software for a fee, whether as a stand-alone product, or as part of a compilation or anthology, without IIBX's prior written consent;
TITLE
Title, ownership rights, and intellectual property rights in and to the Software, and any copies of the Software shall at all times remain with IIBX and/or its suppliers. The Software is protected by the copyright laws of India and international copyright treaties.
TECHNICAL SUPPORT AND UPDATES
This Agreement does not entitle you to receive from IIBX printed manuals, technical support, phone support, updates, or enhancements to the Software. IIBX may at its own discretion offer fee-based support, consulting and custom engineering services for the Software.
NO IIBX's VENDOR OR AGENT IS AUTHORIZED TO MAKE ANY MODIFICATIONS, EXTENSIONS, OR ADDITIONS TO THIS DISCLAIMER.
LIMITATION OF LIABILITY
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, UNDER NO CIRCUMSTANCES AND UNDER NO LEGAL THEORY, TORT, CONTRACT, OR OTHERWISE, SHALL IIBX BE LIABLE TO YOU OR TO ANY THIRD PARTY FOR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY CHARACTER INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF GOODWILL, WORK STOPPAGE, COMPUTER FAILURE OR MALFUNCTION, OR ANY AND ALL OTHER COMMERCIAL DAMAGES OR LOSSES ARISING OUT OF THE USE OF OR INABILITY TO USE THE SOFTWARE, EVEN IF IIBX SHALL HAVE BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGES.
These terms & conditions are in addition to the 'Disclaimer' on the IIBX website/s and supersede any other communications, advertisements, or understandings with respect to the Software.

At IIBX, we continuously upgrade ourselves and strive to provide world-class service. IIBX is committed to operating a fair and orderly market that is both technology-driven as well as is fast paced, with an edge of efficiency.

IIBX believes that employees are the driving force for its ambitious growth plans, and hence the focus is on attracting motivated, adaptable employees with a customer service focus, strong team spirit and sharp business acumen to fulfil our dreams.

IIBX is committed to creating and maintaining a culture that fosters an inclusive, diverse workforce; and an environment in which every employee has the opportunity to demonstrate his or her potential by performing to meet the challenges ahead. In short meritocracy is the order that we respect.

IIBX offers every employee a very congenial and vibrant working environment, conducive to bringing out the best in every employee.

If you are looking for a challenging career, in the fast-growing financial market and thrive in a fast-paced environment, explore your options at IIBX.

Further, IIBX is also inviting application for internship for various departments.

^* For more details, send your CV to hr@iibx.co.in having job id in the subject line

Current Openings

Job Profile :- Executive – Surveillance
Job Id:^*	1003
Department:	Surveillance Department
Number of Opening:	2
Location:	GIFT City- Gujarat
Reporting To:	Head of Department
Job Description:	Assisting team members with the reviewing and analyzing of surveillance alerts and /or reports relating to client trading activity. Preparation and timely submission of various periodic data/ analysis/ ad-hoc reports and complying with regulator norms and guidelines. Preparation of MIS reports required for internal analysis and reporting. Identification and analysis of abnormal price movements and trading patterns Gathering and analyzing trade data. Responding to regulator queries. Assisting with the design and Implementation of new surveillance as well the refinement of existing ones. Surveillance related investigation Reporting to the relevant internal/external authorities on surveillance matters Maintain of SOP manual and their timely reviews. Understanding of the circulars issued by the exchange timely related to changes in system.
Experience:	1 - 2 years.
Educational Qualification:	BBA, BCA, PGDM, BCA, Diploma holders with good academic background.
Functional Skills:	Proficiency in MS Excel, MS Word

Job Profile :- Asst Manager / Manager / Senior Manager
Job Id:^*	1004
Department:	Trading Operations
Number of Opening:	2
Location:	GIFT City- Gujarat / Hyderabad - Telangana
Reporting To:	Head of Department
Job Description:	Managing and ensuring smooth trading operations including Beginning of Day (BOD) and End of Day (EOD) activities. Testing of all the new products launches in system in mock environment. Advance planning, co-ordination and ensuring smooth live trading. Ensuring timely launching of new contracts/ commodities. Testing and implementation of new features in the trading system. Coordinating with regulatory authorities and other agencies for necessary approvals. Ensuring timely preparation & communication of circulars issued by the exchange related to change in contracts, new commodities, and changes in the system. Ensuring adhering to the required service level standards for various services provided to members related to market operations. Providing timely data/ information to various regulatory authorities. Representing the department in various internal/ external meetings. Candidate should be willingly to work in shifts. Exchange Background will be preferred.
Experience:	5 - 8 years.
Educational Qualification:	CA/CS/ICWA/MBA with relevant experience.
Functional Skills:	Proficiency in MS Excel, MS Word.

Job Profile :- Executive / Assistant Manager/ Manager
Job Id:^*	1013
Department:	Clearing & Settlement Department
Number of Opening:	1
Location:	Gift City, Gandhinagar (Gujarat)
Reporting To:	Head - Clearing & Settlement
Job Description:	a) Process trades and do the settlement activities with accurate MIS b ) Verify and validate trade data for accuracy and completeness c) Manage and resolve trade discrepancies and exceptions, if any d) Collaborate with internal teams and the Depository e) Monitor and control risk exposure f) Ensure compliance with regulatory requirements g) Develop and implement process improvements h) Participate in mock drills, test new products i) Stay up to date with industry developments and changes in clearing and settlement procedures j) Willing to work on shifts k) The successful candidate will be responsible for ensuring the accurate and timely processing of trades, managing risk, manage Settlements- pay-in and pay-out activities
Experience:	1 - 5 years.
Educational Qualification:	Postgraduate / Certification in relevant stream, sound knowledge of Capital Markets
Functional Skills:	The successful candidate will be responsible for ensuring the accurate and timely processing of trades, managing risk, manage Settlements- pay-in and pay-out activities. MS Word & Excel Knowledge

Job Profile :- Executive / Assistant Manager/ Manager
Job Id:^*	1012
Department:	Risk Management & Surveillance
Number of Opening:	2
Location:	Gift City, Gandhinagar (Gujarat)
Reporting To:	Head - Clearing & Settlement & Risk Management
Job Description:	Key responsibilities include but not limited to the following: a) Monitor and analyze market trends, volatility and risk factors b) Identify and assess potential market risk exposure c) Develop and implement risk management strategies d) Prepare reports based on Enterprise Risk Management e) Conduct stress testing, back testing and reverse stress testing for credit risk f) Monitor and control risk exposure g) Ensure compliance with regulatory requirements h) Develop and implement process improvements i) Participate in mock drills, test new products j) Stay up to date with industry developments and changes k) Willing to work on shifts
Experience:	1 - 5 years.
Educational Qualification:	Postgraduate / Certification in relevant stream, sound knowledge of Capital Markets, expertise in excel preferred.
Functional Skills:	Proficiency in MS Excel, MS Word 1-5 years’ relevant experience. Freshers may be considered.

Job Profile :- Deputy/ Assistant Manager/ Manager
Job Id:^*	1007
Department:	Regulatory & Membership
Number of Opening:	3
Location:	GIFT City- Gujarat
Reporting To:	Chief Regulatory Officer
Job Description:	Processing of registration applications received from members and other market participants. Processing of post registration applications received from onboarded / notified participants. Monitoring and follow up for all periodic compliance requirements from onboarded / notified participants. Preparation of daily and periodic MIS, reports, notes, etc for management committee, statutory committees and concerned regulators. Periodic Inspection of members of the Exchange and preparation of Inspection Report Good drafting and communication skill
Experience:	1 - 8 years.
Educational Qualification:	Any Graduate / Postgraduate
Functional Skills:	Proficiency in MS Excel, MS Word

Job Profile :- Qualified Company Secretary
Job Id:^*	1014
Department:	Compliance Department
Number of Opening:	1
Location:	Gift City, Gandhinagar (Gujarat)
Reporting To:	CS & Compliance Officer
Job Description:	Compliances: The Candidate shall be responsible to assist the Company Secretary & Compliance Officer in the following: a) all Secretarial & Legal functions– handling board meetings, Maintaining Minutes of all Meetings, Statutory Registers and records, filing of Forms, maintaining records and compliance of all other Secretarial matters and Standards and applicable Statutory & regulatory requirements. Corporate Governance including Board & Meeting compliances. Compliance with IFSCA / SEBI/SCRA/ RBI/ FEMA/ SEZ / Bullion Exchange Rules and Regulation & Bye-laws Regulations/Circulars/ Guidelines and various laws – Taxation Laws, Securities laws , SEZ and DC Laws, Wages Act, Bonus Act, Industrial & Labour Law etc. Ensure zero noncompliance, zero penalty. 2. Handling the legal matters of the Company and all Regulators/ Exchanges/ Statutory / Auditors. 3. Forming and implementing AML/ PMLA/other Policies and process manuals applicable for various business segments while ensuring compliance of PMLA, Regulations/ Byelaws/Rules/ Notifications/Circulars issued by Regulators / Exchanges.
Experience:	2 - 5 years.
Educational Qualification:	CS
Functional Skills:	The candidate is required to be fully conversant with The Companies Act and Secretarial Standards. The candidate should understand and monitor the Company’s operations, identify, and interpret applicable laws and ensure all statutory compliances. Proficiency in Word Excel