Description

GKN Securities (Member No. 6507) will cease operations in Cash, Equity derivative and Currency derivative segments effective July 29, 2025.

Summary

GKN Securities (Member No. 6507) has voluntarily decided to cease business operations across all trading segments including Cash, Equity derivatives, and Currency derivatives, effective from Tuesday, July 29, 2025.

Key Points

  • Trading member GKN Securities (Member No. 6507) voluntarily closing business
  • Cessation applies to Cash, Equity derivative and Currency derivative segments
  • Effective date: Tuesday, July 29, 2025
  • Reason: Voluntary closure of business
  • Contact for clarifications: membership.ops@bseindia.com

Regulatory Changes

No regulatory changes - this is a business decision by the trading member.

Compliance Requirements

Trading members are informed of the closure for awareness and operational adjustments if needed.

Important Dates

  • July 29, 2025: Effective date for cessation of business operations

Impact Assessment

Minimal market impact as this involves a single trading member’s voluntary business closure. Other market participants may need to adjust their operations if they had business relationships with GKN Securities.

Impact Justification

Single trading member closure with limited market-wide impact