Fee & Deposit Structure
Particulars
|
Rupees
|
1. |
Processing Fee* (Non refundable) |
10,000$ |
2.
|
Admission Fee* (Non refundable)
|
10,00,000
|
3. |
Interest Free Security Deposit (in ratio of 1:1) |
50,00,000
|
4.
|
Base Minimum Capital(in ratio of 1:3):
1. A Member with Algo Trading
2. A Member without Algo Trading
|
50,00,000
10,00,000
|
5.
|
Annual Subscription
Fee* #
|
75,000
|
|
* GST as applicable
# Refer Exchange Circular no. 315 dated
June 17, 2019
$ Refer Exchange Circular no. 669 dated November 26, 2019 and Clearing Corporation Circular no. 282 dated December 03, 2019 |
|
The minimum networth for the purpose of eligibility is Higher of (a) or (b) given below:
(a) Base Networth Rs.5 crores
(b) Variable Networth
Refer Exchange Circular No. MCX/MEM/133/2022 dated March 07, 2022 and MCX/MEM/068/2023 dated February 02, 2023 |
Particulars
|
Rupees
|
1. |
Processing Fee* (Non refundable) |
10,000$ |
2.
|
Admission Fee* (Non refundable)
|
25,00,000
|
3.
|
Interest Free Security Deposit (in ratio of 1:1)
|
1,00,00,000
|
4.
|
Base Minimum Capital (in ratio of 1:3):
1. A Member with Algo Trading
2. A Member without Algo Trading
|
50,00,000
25,00,000
|
5. |
Annual Subscription Fee *#
|
1,00,000
|
|
* GST as applicable
# Refer Exchange Circular no. 315 dated June 17, 2019
$ Refer Exchange Circular no. 669 dated November 26, 2019 and Clearing Corporation Circular no. 282 dated December 03, 2019
|
|
The minimum networth for the purpose of eligibility is Higher of (a) or (b) given below:
(a) Base Networth Rs.15 crores
(b) Variable Networth
Refer Exchange Circular No. MCX/MEM/133/2022 dated March 07, 2022 and MCX/MEM/068/2023 dated February 02, 2023 |
Particulars
|
Rupees
|
1. |
Processing Fee* (Non refundable) |
10,000 |
2.
|
Admission Fee* (Non refundable)
|
10,00,000
|
3.
|
Interest Free Security Deposit (in ratio of 1:1) |
1,00,00,000
|
4.
|
Annual Subscription Fee *#
|
1,00,000
|
|
* GST as applicable
# Refer Exchange Circular no. 315 dated June 17, 2019
|
|
The minimum networth for the purpose of eligibility is Higher of (a) or (b) given below:
(a) Base Networth Rs.50 crores
(b) Variable Networth
Refer Exchange Circular No. MCX/MEM/133/2022 dated March 07, 2022 and MCX/MEM/068/2023 dated February 02, 2023 |
Particulars |
Rupees |
1. |
Processing Fee* (Non refundable) |
10,000 |
2. |
Admission Fee* (Non refundable) |
7,50,000
|
3. |
Base Minimum Capital (in ratio of 1:3):
1. A Member with Algo Trading
2. A Member without Algo Trading
|
50,00,000
10,00,000
|
4. |
Base Capital (Cash)
|
500,000
|
5. |
Cash Deposit from Clearing Member
|
500,000
|
6. |
Annual Subscription Fee *# |
40,000
|
|
Interest Free Security Deposit |
PCM / ITCM shall suitably collect deposits from the Trading Member |
|
* GST as applicable
# Refer Exchange Circular no. 315 dated June 17, 2019 and Circular no. 096 dated February 22, 2022 |
|
The minimum networth for the purpose of eligibility is Higher of (a) or (b) given below:
(a) Base Networth Rs.1 crores (For Corporates/LLP/ Non Corporates)
(b) Variable Networth
Refer Exchange Circular No. MCX/MEM/133/2022 dated March 07, 2022 and MCX/MEM/068/2023 dated February 02, 2023 |
Note: GST will be applicable at rate of 18%
MORE IN THIS SECTION
INSPECTION AND COMPLIANCE
NOTICE BOARD
SEBI REGISTRATION
MEMBERSHIP AND MEMBER COMPLIANCE