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COMMODITY QUOTES
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Fee & Deposit Structure

FEES, NETWORTH & DEPOSITS STRUCTURE
(Amt in Rs)
PARTICULARSTrading Member with Internet connectivityTrading Member with Leased line connectivitySelf Clearing Member Trading & Clearing Member Professional Clearing Member
Membership fees (A)650,000750,0001,000,0001,000,0001,250,000
Goods & Service Tax (GST) @18% (B)*117,000135,000180,000180,000225,000
TOTAL FEE (A+B)767,000885,0001,180,0001,180,0001,475,000
*GSTIN to be provided for availing GST credit
NETWORTH REQUIREMENT
Networth Requirement (As per Dr. L.C. Gupta format)1,500,0001,500,00010,000,00030,000,00030,000,000
DEPOSITS REQUIREMENT
Base Minimum Capital as per SEBI circular CIR/CDMRD/DRMP/01/2015, Dated Oct 01, 2015.
a: Members without Algo trading 1,000,0001,000,0001,000,0001,000,000**2,500,000
b: Members doing Algo trading5,000,0005,000,0005,000,0005,000,0005,000,000
Interest free Deposit (Liquid Assets)--5,000,0005,000,0005,000,000
  • ** Clearing members who clear and settle only non-algo trades for other trading members shall have BMC requirement of Rs 25 lakhs (Refer SEBI circular SEBI/HO/CDMRD/DRMP/CIR/P/2016/77, Dated Sep 01, 2016)
Notes:
  • No exposure will be provided by the Exchange on Base Minimum Capital
  • Base Minimum Capital will be in form of 25% in Cash and balance 75% in Cash equivalents such as Fixed Deposit/ Bank Guarantee
  • Exposure will be provided by the Exchange on Interest free Deposit
  • Interest free Deposit will be in form of 50% in Cash and balance 50% in Cash equivalents such as Fixed Deposit/ Bank Guarantee

Indian Commodity Exchange Ltd | CIN : U67120DL2008PLC182140 Corporate Office: Reliable Tech Park, 403-A, B-Wing, 4th Floor, Thane-Belapur Road, Airoli (E), Navi Mumbai – 400708, India. Tel.No:+91-22-40381500 | Fax No:+91–22-40381511 Registered office: Dev House, 260-261, Tribhuwan Complex, Ishwar Nagar, New Friends Colony (W), New Delhi - 110065, India | Tel.No: +91-011-30670103
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