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CA Adarsh Agrawal (CMD of SHAYVIDZ Group)     24 April 2010

Membership deposit & fee for new members reduced by BSE

Membership deposit & fee for new members reduced by BSE

   

 

The Bombay Stock Exchange (BSE) has reduced the membership deposit and fee requirements for new members in its cash and equity derivatives segments with immediate effect.

The membership can now be obtained by paying a deposit of Rs 10 lakh instead of Rs 1 crore (Rs 10 million).

“Through this scheme, we intend to make BSE membership affordable,” said Madhu Kannan, managing director & CEO, BSE. “We hope this will generate good response from market participants, while also expanding our existing membership base to promote financial inclusion,” he added.



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 2 Replies

Dr. L.N. Lion (CMD)     25 April 2010

Thanks for the updation. But there will be a flood of membership in this sector.

Arjun Kashyap (Student)     25 April 2010

THNX A LOT SIR FOR THIS INFORMATIONS...


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