Trading Member (TM): ): A member with rights to trade on its own account as well as on account of its clients, but has no right to clear and settle such trades itself. Membership of MSEI can be taken by an Individual, Registered Partnership Firm, Corporate or Bank. In case the applicant for membership of the Exchange is a Corporate, minimum paid up capital of the Corporate should be 30 lakhs.
In order to apply for membership to the Exchange, applicants need to submit the duly filled Membership Application Form along with the required documents and applicable fees /deposits.
Membership of Equity Capital Market / Equity Derivatives / Currency Derivatives / Debt Segment | ||
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Segments (ECM, EDS, CDS, Debt) |
Admission Fee | Processing Fee |
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Any one segment | 2.50 | 0.10 |
Any two segment
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3.50 | |
Any three segment
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4.50 | |
All segments
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5.00 | |
Admission and processing fee are one-time charge paid towards initiating membership of the Exchange. The fees are non-refundable and shall not be considered towards Base Minimum Capital and/or margin. |
Net worth Requirements and Deposit Structure Membership of Capital Market / F&O / Currency Derivatives / Debt Segment |
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Segments |
Membership Type | Net worth Requirements | Membership Deposit |
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Capital Market | SCM | 30 | 10# |
Futures & Options | TM | 30 | 10# |
Currency Derivatives | TM | 100 | 10# |
Debt Segment | TM | 50 | Nil |
Membership deposit of ![]() # Payable by Member on Activation of trading |