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MSEI > Members > Membership

Fees & Deposit Structure

Membership Offer
Period from January, 2017
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
Any three segments
4.50
All segments
5.00
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
Segment
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 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
Segment
Membership Type Networth Deposit Structure
MCCIL MCCIL Total
Cash Non Cash  
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
 
  1. Goods Service Tax at applicable rates will be payable on Admission & Processing fee.
  2. Corporate membership may be transferred as provided in the Rules of the Exchange after 3 years.
  3. Membership can be surrendered only after 3 years.
  4. Prospective members may apply for membership of MSEI 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.
  5. Members will be liable to pay Annual Subscription fees as applicable and notified from time to time.
  6. The terms and conditions of Membership, fees and deposits are as decided by the Exchange and are liable to change from time to time.
  7. 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