Fees and Deposit Structure | Membership | Metropolitan Stock Exchange of India Ltd. Limited (MSE)

Fees & Deposit Structure Membership of Equity Capital Market / Equity Derivatives / Currency Derivatives / Debt Segment
in lakhs
Segments (ECM, EDS, CDS, Debt)	Admission Fee	Processing Fee
Any one segment	2.50	0.10
Any two segments	3.50	0.10
Any three segments	4.50	0.10
All segments	5.00	0.10
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
in lakhs
Segments	Membership Type	Net worth Requirements	Membership Deposit
Capital Market	SCM	30	10#
Futures & Options	TM/SCM/TCM	30 / 100 / 300	10#
Currency Derivatives	TM/SCM/TCM	100 / 500 / 1000	10#
Debt Segment	TM/SCM/TCM	50 / 100 / 300	NIL
Membership deposit of Rs. 10 lakhs per segment will be collected in Cash only. # Payable by Member on Activation of trading

Additional Requirement for Clearing Membership of F&O/Currency Derivatives/Debt Segment
in lakhs
Segments	Membership Type	Networth	Deposit Structure
-	-	-	MCCIL Cash	MCCIL Non Cash	Total
Futures & Options	SCM	100	25	25	50
	TCM	300	25	25	50
	PCM	300	25	25	50
Currency Derivatives	SCM	500	25	25	50
	TCM	1000	25	25	50
	PCM	1000	25	25	50
Debt Segment	SCM	100	1	-	1
	TCM	300	1	-	1
	PCM	300	1	-	1

Goods Service Tax at applicable rates will be payable on Admission & Processing fee.
Corporate membership may be transferred as provided in the Rules of the Exchange after 3 years.
Membership can be surrendered only after 3 years.
Prospective members may apply for membership of MSE based on the information provided in the application form, Rules and Bye Laws of the Exchange & the terms and conditions given in Membership application form on its website under the Membership Section.
Members will be liable to pay Annual Subscription fees as applicable and notified from time to time.
The terms and conditions of Membership, fees and deposits are as decided by the Exchange and are liable to change from time to time.
In case of any query applicant may contact the Exchange Customer Service/membership department at Customerservice@msei.in or membership@msei.in Tel: 022-61129010 or 61129000