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Old 08-11-2008, 06:19 PM   #1 (permalink)
 
Status: Senior Member
Join Date: Jun 2008
Posts: 176
Post Currency Derivatives Segment

SEBI has issued a circular on August 6 2008 on Exchange Traded Currency Derivatives.

NSE invites applications for membership to the Currency Derivatives Segment.

* Processing fee for NCDEX members & new applicants - Rs. 10,000.

* Admission fee for NCDEX members & new applicants - Rs. 5 lakhs.

* Clearing member pays Rs. 10 lakhs for clearing every trading member's trades in cash & non-cash form.
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