Question

    What new category of trading participants was introduced by IFSCA in April 2024 to allow foreign entities to trade without a physical presence in the IFSC?

    A Non-resident Indian Investors Correct Answer Incorrect Answer
    B Foreign Institutional Traders (FITs) Correct Answer Incorrect Answer
    C Remote Trading Participants (RTPs) Correct Answer Incorrect Answer
    D Offshore Financial Traders Correct Answer Incorrect Answer
    E International Proprietary Traders Correct Answer Incorrect Answer

    Solution

    The IFSCA introduced Remote Trading Participants (RTPs) in April 2024, allowing foreign entities without a physical presence in the IFSC to trade directly on the stock exchanges.

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