1. Membership Fee Structure (Rupees in lakh)

----------------------------------------------------------- Structure Being Updated ----------------------------------------------------


* For a maximum of self + 5 clients. For every additional Client Rs. 2 lakhs per client has to be given as additional interest-free security deposit.

2. Apart from the processing fee of Rs 5000/-, an amount of Rs 1,00,000/- ( Rupees One lakh) would be payable along with the application , which would be adjusted against one time fee/ annual fee on successful grant of membership. In the event that the membership is not approved, the sum of Rs 1 lakh would be refunded to the applicant.

3. 50% of the Interest free deposit has to be given at the time of approval of membership. The remaining 50% would be collected one week prior to commencement of trading on the exchange. Based upon volumes traded by members, the Exchange may alter the deposit structure in subsequent years and may include options to furnish the same in the form of Fixed Deposit/ Bank Guarantee or other financial instruments as may be considered appropriate by the Exchange.

4. Annual Fee for the current financial year would be charged on a pro-rata basis depending upon the date of commencement of operations of the exchange

 


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