Korea Exchange also planning to use blockchain technology in OTC trading.
INX features equity, currency and commodities derivatives; trade starts 16 January.
Changes include refined non-retail investor classification, safeguards unconventional investment products.
Move aims to further explore technology applications, enhance trading efficiency.
Central bank reminds institutions bitcoin is not legal tender.
Updates include simplified application requirements, evaluation criteria; clarify when sandbox will no longer apply.
Mechanism said to allow larger trading volumes and reduce price volatility.
FPIs should abide with conditions such as informing custodians of their participation.
Wholly foreign-owned enterprise is the first to obtain a license to operate independently.
Indian exchange will seek to sell stake of just under 30%; SGX to divest its 4.7% stake.