Zerodha, India’s largest stockbroker by revenue, plans to roll out a feature that will allow investors to buy and sell US stocks by the next quarter, founder and CEO Nithin Kamath said, according to a Moneycontrol report.
“We are working on it, and we should have something in the next quarter. It is a product launch,” Kamath said during an Ask Me Anything session with the company’s founders and top management on YouTube.
The Bengaluru-based brokerage, which has so far not offered access to US equities, is developing the product using the GIFT City framework. This route provides regulatory clarity for international financial services and investments under the International Financial Services Centre Authority (IFSCA).
Zerodha’s Chief Technology Officer Kailash Nadh said the firm is aiming

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