Bombay Stock Exchange (BSE) and The India International Exchange (IFSC) Limited (India INX), India’s first international exchange based in the International Financial Services Centre (IFSC) on April 3, 2019, signed a memorandum of understanding (MoU) to collaborate with regards to maintain a orderly securities markets in India and Russia. Speaking at the signing ceremony which took place at the annual exchange forum in Moscow Ashishkumar Chauhan, MD and CEO, BSE said: “BSE, India Inx and MOEX are collaborating together to facilitate the development of channels of communication. We strongly believe together we would foster a continuing relationship for the benefit of the financial services industry in India and in Russia”.