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Bombay Stock Exchange Ltd. (BSE) is admitting Deposit Based Membership (Trading Memberships) on its "Equity and Equity Derivatives Segment". BSE invites applications from all over the country against a deposit of Rs. 10, 00,000 (Rupees Ten lakhs only).
To know more about the membership click here Membership Manual.
To apply for Trading Membership of the "Equity and Equity Derivatives Segment" of BSE may send their applications in writing in a sealed envelop marked "Offer for Deposit Based Membership" and addressed to the Chief General Manager, Member/Institutional Sales Dept., Bombay Stock Exchange Limited, 15th Floor, P.J. Towers, Dalal Street, Mumbai 400 001. The format of the application can be downloaded from the link here: Specimen Offer letter
The application form in the prescribed format, complete in all respects should be accompanied by a Demand Draft/Pay Order for Rs. 1 lakhs (Rupees one lakhs only) drawn in favor of "Bombay Stock Exchange Limited" towards earnest money deposit on which no interest will be payable.
The applicants whose offer is accepted by BSE shall be required to complete the documents at the earliest. The applicant has to pay the balance amount after he receives the SEBI registration certificate but before the commencement of business.
The complete application forms, for procuring SEBI registration certificate in Equity and Derivative segments can be downloaded from the alongside link Application Booklet
Once the documents are sent to SEBI, the member can simultaneously start working on completing the commencement formalities. To download the commencement manual you can go through the link here: Commencement Manual.
| Particulars |
For Corporate & Individual |
| Cash Market and Futures & Options Trading |
Refundable / Non Refundable |
Exposure for trading margin |
| Deposit for DBM Membership (Cash) |
10,00,000/- |
Refundable |
Yes |
| Base Minimum Capital (Cash) |
1,25,000/- (cash)
8,75,000/ (FDR/B.G/Cash) |
Refundable |
No |
| Trade Guarantee Fund (Cash/BG/ FDR) |
10,00,000/- |
Refundable |
Yes |
| Admission Fees (Cash) * |
5,000/- |
Non Refundable |
No |
| Initial contribution towards Trade Guarantee Fund (Cash) * |
10,000/- |
Non Refundable |
No |
| Annual Subscription (Cash) * |
25,000/- |
Non Refundable |
No |
Note:-
- Admission Fees will be Rs. 5,000/- if member applies in both Equity and Equity Derivatives Segment, and if member applies in only Equity segment Admission fees will be Rs. 2,50,000/-
- * Service Tax @ 10.30 % will be additionally levied on these charges.
For any further information/clarification, interested applicants are requested to contact the following officials in BSE:
- Mayuresh Samant: 022 - 22728078
- Manthan B. Desai: 022 - 22728890
- Shikha Chauhan: 022 - 22728749
Reach us through mail @: newmembership@bseindia.com
Information on Deposit Based Membership is also available at following BSE Investor Service Centres :
1] Delhi : 011-41510480
2] Kolkata : 033-22130530
3] Chennai : 044-42163999
4] Ahmedabad : 079-27540445
5] Cochin : 0484-2405275
6] Hyderabad : 040-23237563
7] Rajkot : 0281- 6595542
To know more about Connectivity cost Click here
To know more about Transaction Charges in Equity Segment Click here
FAQ's on Transaction Charges in Equity Segment Click here
To Know more about Transaction Charges in Equity Derivatives Segment Click here
FAQ's on Transaction Charges in Equity Derivatives Segment Click here
To know more about Fastrade Click here
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