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Deposit Structure For Membership - ALPHA CATEGORY: (As Per Formula Prescribed by Dr. L.C. Gupta Committee)

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Pratap Singh

This document outlines the deposit structure and net worth requirements for different types of memberships on various segments of the ALPHA stock exchange. It provides details of the cash and non-cash deposit requirements for corporations/LLPs and individuals/partnership firms seeking trading memberships, trading and self-clearing memberships or trading and clearing memberships on segments like capital market, futures and options, currency derivatives, debt market and others. The deposit amounts range from Rs. 2-25 lakhs for cash deposits and Rs. 1-25 lakhs for non-cash deposits depending on the segment and type of membership. The net worth requirements prescribed by the exchange also range between Rs. 50,000-1,000,

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Deposit Structure For Membership - ALPHA CATEGORY: (As Per Formula Prescribed by Dr. L.C. Gupta Committee)

Uploaded by

Pratap Singh
37 views2 pages
This document outlines the deposit structure and net worth requirements for different types of memberships on various segments of the ALPHA stock exchange. It provides details of the cash and non-cash deposit requirements for corporations/LLPs and individuals/partnership firms seeking trading memberships, trading and self-clearing memberships or trading and clearing memberships on segments like capital market, futures and options, currency derivatives, debt market and others. The deposit amounts range from Rs. 2-25 lakhs for cash deposits and Rs. 1-25 lakhs for non-cash deposits depending on the segment and type of membership. The net worth requirements prescribed by the exchange also range between Rs. 50,000-1,000,

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This document outlines the deposit structure and net worth requirements for different types of memberships on various segments of the ALPHA stock exchange. It provides details of the cash and non-cash deposit requirements for corporations/LLPs and individuals/partnership firms seeking trading memberships, trading and self-clearing memberships or trading and clearing memberships on segments like capital market, futures and options, currency derivatives, debt market and others. The deposit amounts range from Rs. 2-25 lakhs for cash deposits and Rs. 1-25 lakhs for non-cash deposits depending on the segment and type of membership. The net worth requirements prescribed by the exchange also range between Rs. 50,000-1,000,

Copyright:

© All Rights Reserved
Download as PDF, TXT or read online from Scribd
Download as pdf or txt
37 views2 pages

Deposit Structure For Membership - ALPHA CATEGORY: (As Per Formula Prescribed by Dr. L.C. Gupta Committee)

Uploaded by

Pratap Singh
This document outlines the deposit structure and net worth requirements for different types of memberships on various segments of the ALPHA stock exchange. It provides details of the cash and non-cash deposit requirements for corporations/LLPs and individuals/partnership firms seeking trading memberships, trading and self-clearing memberships or trading and clearing memberships on segments like capital market, futures and options, currency derivatives, debt market and others. The deposit amounts range from Rs. 2-25 lakhs for cash deposits and Rs. 1-25 lakhs for non-cash deposits depending on the segment and type of membership. The net worth requirements prescribed by the exchange also range between Rs. 50,000-1,000,

Copyright:

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Deposit Structure for Membership - ALPHA CATEGORY

Deposit & Networth Requirements (Corporates /Limited Liability Partnership)

DEPOSIT STRUCTURE ( in lakhs)


Net Worth
(As per formula
Non-Cash prescribed by
Type of Non-Cash Cash NSE NSE Dr. L.C. Gupta
Segment Membership Cash -NSEIL NSEIL Clearing Clearing Committee)
TM 20 - - - 50
Capital Market
TM & SCM 20 - 15 25 100
TM 25 - - - 50
Futures & TM & SCM 25 - 25 25 100
Options TM & CM 25 - 25 25 300
Currency TM 2 8 - - 100
Derivatives TM & SCM 2 8 25 25 500
Segment -
Existing TM & CM
Members 2 8 25 25 1000
Currency TM 2 13 - - 100
Derivatives TM & SCM 2 18 25 25 500
Segment - New
TM & CM
Members 2 18 25 25 1000
Debt Market TM BMC* - - - 50
Segment - TM & SCM BMC* - 1 - 100
Existing
TM & CM -
Members BMC* 1 - 300
TM BMC* - - - 50
Debt Market
Segment - New TM & SCM BMC* - 10 - 100
Members TM & CM BMC* - 10 - 300

* TM = Trading Membership.
* TM & SCM = Trading and Self Clearing Membership.
* TM & CM = Trading and Clearing Membership.
* BMC ~ Base Minimum Capital requirement as per Exchange circular no-827 (Download Ref
No - NSE/MEM/23082) dated March 28, 2013
Deposit Structure for Membership - ALPHA CATEGORY
Deposit & Networth Requirements (Individuals /Partnership Firms)

DEPOSIT STRUCTURE ( in lakhs)


Net Worth
(As per formula
Non-Cash prescribed by
Type of Non-Cash Cash NSE NSE Dr. L.C. Gupta
Segment Membership Cash -NSEIL NSEIL Clearing Clearing Committee)
TM 20 - - - 50
Capital Market
TM & SCM 20 - 6 17.5 100
TM 25 - - - 50
Futures & TM & SCM 25 - 25 25 100
Options TM & CM 25 - 25 25 300
Currency TM 2 8 - - 100
Derivatives TM & SCM
Segment - 2 8 25 25 500
Existing TM & CM
Members 2 8 25 25 1000
Currency TM 2 13 - - 100
Derivatives TM & SCM 2 18 25 25 500
Segment - New
TM & CM
Members 2 18 25 25 1000
Debt Market TM BMC* - - - 50
Segment - TM & SCM BMC* - 1 - 100
Existing
TM & CM -
Members BMC* 1 - 300
TM BMC* - - - 50
Debt Market
Segment - New TM & SCM BMC* - 10 - 100
Members TM & CM BMC* - 10 - 300

* TM = Trading Membership.
* TM & SCM = Trading and Self Clearing Membership.
* TM & CM = Trading and Clearing Membership.
* BMC ~ Base Minimum Capital requirement as per Exchange circular no-827 (Download Ref
No - NSE/MEM/23082) dated March 28, 2013

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