Description
BSE announces voluntary closure of Vaibhav Stock & Derivatives Broking Private Limited's currency derivative business effective August 8, 2025.
Summary
BSE has notified trading members that Vaibhav Stock & Derivatives Broking Private Limited (Member No. 6750) will voluntarily cease operations in the Currency derivative segment effective August 8, 2025.
Key Points
- Member firm: Vaibhav Stock & Derivatives Broking Private Limited
- Member Number: 6750
- Affected segment: Currency derivative segment only
- Reason: Voluntary closure of business
- Contact for clarifications: membership.ops@bseindia.com
Regulatory Changes
No regulatory changes - this is a business closure notification.
Compliance Requirements
No specific compliance requirements for other market participants. This is an informational notice about a member’s voluntary business closure.
Important Dates
- Effective Date: Friday, August 8, 2025
- Notice Date: August 7, 2025
Impact Assessment
Minimal market impact as this involves a single member’s voluntary exit from currency derivatives segment. No disruption to overall market operations or other trading members expected.
Impact Justification
Single member voluntary closure with limited market impact