Fees & Deposit Structure

Sr. No	Particulars	Trading Member	Trading-cum-Clearing Member	Institutional Trading-cum-Clearing Member	Professional Clearing Member
1	Admission Fee	Rs. 1,00,000	Rs. 2,00,000	Rs. 12,00,000	Rs. 10,00,000
2	Eligibility Networth	Rs. 5,00,000	Rs. 40,00,000	Rs. 1,00,00,000	Rs. 2,00,00,000
3	Security Deposit(Interest Free)	Rs. 5,00,000 (Rs. 1,25,000 Cash + Rs.3,75,000 Cash Equivalent)	Rs. 8,00,000 (Rs. 2,00,000 Cash + Rs.6,00,000 Cash Equivalent)	Rs. 50,00,000 upfront (Rs.12,50,000 Cash + Rs. 37,50,000 Cash Equivalent) and additional Rs.50,000/- per TM as and when affiliated	Rs. 50,00,000 upfront (Rs.12,50,000 Cash + Rs. 37,50,000 Cash Equivalent) and additional Rs.50,000/- per TM as and when affiliated
4	Processing Fee	Rs. 2,000	Rs. 2,000	Rs. 2,000	Rs. 2,000
5	Annual Insurance Premium	Rs. 2,550	Rs. 2,550	Rs. 2,550	Rs. 2,550
6	Annual Subscription charges	Rs. 5,000	Rs. 10,000	Rs. 50,000	Rs. 50,000

Notes:

1. Admission Fee, Processing Fee, Annual Insurance Premium and Annual Subscription charges would attract

Service Tax as applicable.

2. Cash Equivalent means Bank Guarantees, Fixed Deposit Receipts.

3. Members opting for Algo Trading facility are required to maintain minimum security deposit of Rs. 25,00,000

or the applicable criteria whichever is higher.

4. No exposure shall be granted to members against security deposit as specified below :

Sr. No	Particulars	Amount Rs
a	Without Algo trading facility	5,00,000
b	With Algo trading facility	25,00,000

5. Insurance Premium is for Brokers Indemnity Policy. Exchange has negotiated standard policy.

The premium payment is to be made in favor of The New India Assurance Co. Ltd.

6. Annual Subscription charges are payable at the commencement of every financial year.