JP Morgan to set up a derivatives trading unit in India's GIFT City

23rd January, 2026

Narayani Srinivasan
India gig

JP Morgan. has confirmed its plan to establish a branch in India’s Gujarat International Finance Tec-City (GIFT City) to trade derivatives and other equities, becoming the latest global bank to take advantage of the country’s finance hub.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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