The Calcutta Stock Exchange
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Terms of Membership revised with effect from 19th April 2011
The charges to be levied for the proposed CSE-NSE trade were finalized as under :

Deposit Based Member (New Member) has to pay the following deposits:

Particulars Amount (Rs) Refundable/Non Refundable/ Interest Fee/ with Interest/Exposure
Application Money and Processing Fees 10,000/- plus S.T (10.3%) Expense (At the time of application)
After Receiving SEBI Registration the following amounts are Payable
Base Minimum Capital
a) Settlement Guarantee Fund (SGF)
b) Base Minimum Capital
2,50,000/-
7,50,000/-
Refundable, No Interest, No Exposure
Refundable, with Interest, No Exposure
Admission to S G F 10,000/- Non Refundable, Interest Free, No Exposure
Additional Deposit 2,50,000/- Refundable, Interest Free, Full Exposure
Settlement Guarantee Fund (SGF) for NSE Cash Segment 50,000/- Refundable, Interest Free, No Exposure
Additional Deposit for NSE Cash Segment 150000/- Refundable, Interest Free, Full Exposure
Settlement Guarantee Fund (SGF) for NSE F&O Segment 100000/- Refundable, Interest Free, No Exposure
Additional Deposit for NSE F&O Segment 200000/- Refundable, Interest Free, Full Exposure
Technology Charges for NSE 50,000/- plus S.T Expenses, Non Refundable/td>
BSE Stipulated deposit 250,000/- Refundable, Interest Free, Full Exposure
Technology Charges For BSE 50,000/- plus S.T Expenses, Non Refundable.
Annual Subscription 3000/- plus S.T Non Refundable

 
The other eligible trading members (Existing CSE Members) has to pay the following deposits:

Particulars Amount (Rs) Refundable/Non Refundable/ Interest Fee/ with Interest/Exposure
Base Minimum Capital
a) Settlement Guarantee Fund (SGF)
b) Base Minimum Capital
2,50,000/-
7,50,000/-
Refundable, No Interest, No Exposure
Refundable, with Interest, No Exposure
Admission to S G F 10,000/- Non Refundable, Interest Free, No Exposure
Settlement Guarantee Fund (SGF) for NSE Cash Segment 50,000/- Refundable, Interest Free, No Exposure
Additional Deposit for NSE Cash Segment 150000/- Refundable, Interest Free, Full Exposure
Settlement Guarantee Fund (SGF) for NSE F&O Segment 100000/- Refundable, Interest Free, No Exposure
Additional Deposit for NSE F&O Segment 200000/- Refundable, Interest Free, Full Exposure
Technology Charges for NSE 50,000/- plus S.T Expenses, Non Refundable
BSE Stipulated deposit 1,50,000/- Refundable, Interest Free, Full Exposure
Technology Charges For BSE 50,000/- plus S.T Expenses, Non Refundable.
Annual Subscription 3000/- plus S.T Non Refundable ( From 19th April,2011)

NOTE : -

  • Any member who does not desire to work in a specific Exchange/Segment need not have to pay the deposit pertaining to the specific Exchange/Segment.
  • Any Deposit which has already been paid to the Exchange need not be paid by the existing member again to the Exchange.
  • Those Members who are already working in BSE Segment and want to take NSE Segment need not pay Technology Charge of 50,000/-.
  • Those members who are working in CSE (Existing and New) need to pay Rs.500 annually towards Customer Protection Fund.


Transaction Charges for All

For trades in NSE Cash Segment Rs 650/- per Cr. All taxes and SEBI fees would be additional Out of Rs. 650/- per cr. collected from CSE trading members, Rs. 10/- per cr. Would be transferred to Settlement Guarantee Fund and Rs. 10- would be transferred to Investor Protection Fund created for NSE trading purpose.
For trades in NSE F&O Segment Rs. 400/- per Cr. All taxes and SEBI fees would be additional Out of Rs. 400/- per cr. collected from CSE trading members, Rs. 10/- per cr. Would be transferred to Settlement Guarantee Fund and Rs. 10- would be transferred to Investor Protection Fund created for NSE trading purpose.
For Call and put Options Rs 7500/- per Cr. All taxes and SEBI fees would be additional Out of Rs. 7500/- per cr. collected from CSE trading members, Rs. 10/- per cr. would be transferred to Settlement Guarantee Fund and Rs. 10- would be transferred to Investor Protection Fund created for NSE trading purpose.

For any further information/clarification, interested applicants are requested to contact the following officials in CSE:

Ms. Sripriya Senthilikumar  –            9836900227

Mr. Anupam Roy Bardhan  –               8017360270

Mr. Sumit Sengupta –                           9836900215
Mr. Tilak Bakshi –                                9836112625

Mr. Amar Ch. Sadhukhan –                 9748937505

Download Application Forms for Deposit Based Membership

Individual
.pdf .doc

Partnership
.pdf .doc

Corporate
.pdf .doc

Download Application Forms for CSE-NSE Terminal Activation:

Individual Membership    .pdf   .doc

Corporate Membership    .pdf   .doc

Earlier Terms :                    Upto 18th April 2011

                                                Upto 13th May 2010