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


Membership Type

Net worth Requirements

Membership Deposit

Capital Market TM 30 10#
Futures & Options TM 30 10#
Currency Derivatives TM 100 10#
Debt Segment TM 50 NIL

Membership deposit of Rs. 10 lakhs per segment will be collected in Cash only. # Payable by Member on Activation of trading.

Please refer to Circular No: MSE/MEM/11566/2022 Dated March 10, 2022 regarding SEBI notification on revised networth w.e.f. 23-Feb-2023.

  • 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