Deposits & Networth Requirements
| DEPOSIT STRUCTURE (₹ in lakhs) | |||||||
|---|---|---|---|---|---|---|---|
| Segment | Type of Membership | Cash-NSE | Non-Cash NSE | Cash NSE Clearing | Non-Cash NSE Clearing | Total | |
| Capital Market Segment | TM | 85 | - | - | - | 85 | |
| TM & SCM | 85 | - | 15 | 0 | 100 | ||
| TM & CM | 85 | - | 25 | 25 | 135 | ||
| PCM | - | - | 25 | 25 | 50 | ||
| Futures & Options Segment | TM | 25 | - | - | - | 25 | |
| TM & SCM | 25 | - | 25 | 25 | 75 | ||
| TM & CM | 25 | - | 25 | 25 | 75 | ||
| PCM | - | - | 25 | 25 | 50 | ||
| Currency Derivatives Segment | Existing Members | TM | 2 | 8 | - | - | 10 |
| TM & SCM | 2 | 8 | 25 | 25 | 60 | ||
| TM & CM | 2 | 8 | 25 | 25 | 60 | ||
| New Members | TM | 2 | 13 | - | - | 15 | |
| TM & SCM | 2 | 18 | 25 | 25 | 70 | ||
| TM & CM | 2 | 18 | 25 | 25 | 70 | ||
| PCM | - | - | 25 | 25 | 50 | ||
| Commodity Derivatives Segment # | TM | - | 0.5 | - | - | 0.5 | |
| TM & SCM | - | 0.5 | 25 | 25 | 50.5 | ||
| TM & CM | - | 0.5 | 25 | 25 | 50.5 | ||
| PCM | - | - | 25 | 25 | 50 | ||
| Debt Segment | Existing Members | TM | BMC* | - | - | - | - |
| TM & SCM | BMC* | - | 1 | - | 1 | ||
| TM & CM | BMC* | - | 1 | - | 1 | ||
| PCM | - | - | 1 | - | 1 | ||
| New Members | TM | BMC* | - | - | - | - | |
| TM & SCM | BMC* | - | 10 | - | 10 | ||
| TM & CM | BMC* | - | 10 | - | 10 | ||
| PCM | - | - | 10 | - | 10 | ||
* TM = Trading Membership.
* TM & SCM = Trading and Self Clearing Membership.
* TM & CM = Trading and Clearing Membership.
* PCM = Professional Clearing Membership.
# NSE Commodity derivatives segment - INR 50,000/- (non-cash) as membership deposit will be applicable to all new Members in Commodity Derivatives segment w.e.f. April 01, 2024.
* BMC = Base Minimum Capital requirement as per Exchange circular no-827 (Download Ref No-NSE/MEM/23082) dated March 28, 2013
* In Debt Segment, approved Government Securities are accepted as a form of security deposits/ minimum base capital in addition to Cash, Bank Guarantees (BG) and FDRs w.e.f November 07,2019.
| DEPOSIT STRUCTURE (₹ in lakhs) | |||||||
|---|---|---|---|---|---|---|---|
| Segment | Type of Membership | Cash-NSE | Non-Cash NSE | Cash NSE Clearing | Non-Cash NSE Clearing | Total | |
| Capital Market Segment | TM | 26.5 | - | - | - | 26.5 | |
| TM & SCM | 26.5 | - | 6 | 0 | 32.5 | ||
| TM & CM | 26.5 | - | 10 | 17.5 | 54 | ||
| Futures & Options Segment | TM | 25 | - | - | - | 25 | |
| TM & SCM | 25 | - | 25 | 25 | 75 | ||
| TM & CM | 25 | - | 25 | 25 | 75 | ||
| Currency Derivatives Segment | Existing Members | TM | 2 | 8 | - | - | 10 |
| TM & SCM | 2 | 8 | 25 | 25 | 60 | ||
| TM & CM | 2 | 8 | 25 | 25 | 60 | ||
| New Members | TM | 2 | 13 | - | - | 15 | |
| TM & SCM | 2 | 18 | 25 | 25 | 70 | ||
| TM & CM | 2 | 18 | 25 | 25 | 70 | ||
| Commodity Derivatives Segment # | TM | - | 0.5 | - | - | 0.5 | |
| TM & SCM | - | 0.5 | 25 | 25 | 50.5 | ||
| TM & CM | - | 0.5 | 25 | 25 | 50.5 | ||
* TM = Trading Membership.
* TM & SCM = Trading and Self Clearing Membership.
* TM & CM = Trading and Clearing Membership.
* PCM = Professional Clearing Membership.
# NSE Commodity derivatives segment - INR 50,000/- (non-cash) as membership deposit will be applicable to all new Members in Commodity Derivatives segment w.e.f. April 01, 2024
Download Deposit structure for Alpha category of membership (.doc)
Method of computation applicable is as prescribed by Schedule VI of Securities and Exchange Board of India (Stock Brokers) (Amendment) Regulations, 2022.
|
Segment |
Type of Membership |
Revised Base Networth - Applicable from 23.02.2023 (Effective 31.03.2023 submissions) |
Revised Base Networth - Applicable from 23.02.2024 (Effective 31.03.2024 submissions) |
||
|
Corporate/LLP |
Firm / Individual |
Corporate/LLP |
Firm / Individual |
||
|
Capital Market |
TM |
0.75 Crore |
0.75 Crore |
1 Crore |
1 Crore |
|
TM (Alpha) |
0.50 Crore |
0.50 Crore |
1 Crore |
1 Crore |
|
|
TM & SCM |
3 Crore |
3 Crore |
5 Crore |
5 Crore |
|
|
TM & CM |
10 Crore |
10 Crore |
15 Crore |
15 Crore |
|
|
PCM |
25 Crore |
NA |
50 Crore |
NA |
|
|
Futures & Options |
TM |
1 Crore |
0.75 Crore |
1 Crore |
1 Crore |
|
TM (Alpha) |
0.50 Crore |
0.50 Crore |
1 Crore |
1 Crore |
|
|
TM & SCM |
3 Crore |
3 Crore |
5 Crore |
5 Crore |
|
|
TM & CM |
10 Crores |
10 Crores |
15 Crores |
15 Crores |
|
|
PCM |
25 Crores |
NA |
50 Crores |
NA |
|
|
Currency Derivatives |
TM |
1 Crore |
1 Crore |
1 Crore |
1 Crore |
|
TM & SCM |
5 Crores |
5 Crores |
5 Crore |
5 Crores |
|
|
TM & CM |
10 Crores |
10 Crores |
15 Crore |
15 Crore |
|
|
PCM |
25 Crores |
NA |
50 Crore |
NA |
|
|
Commodity Derivatives |
TM |
0.50 Crore |
0.50 Crore |
1 Crore |
1 Crore |
|
TM & SCM |
3 Crore |
3 Crore |
5 Crore |
5 Crore |
|
|
TM & CM |
10 Crores |
10 Crores |
15 Crore |
15 Crore |
|
|
PCM |
25 Crores |
NA |
50 Crore |
NA |
|
|
Debt Segment |
TM |
0.50 Crore |
0.50 Crore |
1 Crore |
1 Crore |
|
TM & SCM |
3 Crore |
3 Crore |
5 Crore |
5 Crore |
|
|
TM & CM |
10 Crores |
10 Crores |
15 Crore |
15 Crore |
|
|
PCM |
25 Crores |
NA |
50 Crore |
NA |
|
|
TM = Registered Trading Membership. |
|||||
|
TM & SCM = Registered Trading and Self Clearing Membership. |
|||||
|
TM & CM = Registered Trading and Clearing Membership. |
|||||
|
PCM = Registered Professional Clearing Membership. |
|||||
Updated on: 06/08/2024
