Description
BSE imposes Rs 100 per day per terminal charges for trading members who failed to upload location information for July 2025.
Summary
BSE has imposed charges on trading members for not uploading IML/BOLT TWS/BOLT PLUS terminal location information for July 2025. The charges amount to Rs 100 per day per terminal for unregistered or incorrectly registered terminals from which orders were placed.
Key Points
- Charges of Rs 100 per day per terminal apply to unregistered or incorrectly registered terminals
- Charges file for July 2025 downloaded as LCS0725.xxxx in EQUITY TRANSACTION FOLDER
- Charges will be debited to General Charges Account
- Exchange provides daily files (LCddmmyy.xxxx) containing non-compliant terminal information
- Multiple previous notices referenced dating back to 2007
Regulatory Changes
No new regulatory changes introduced. This circular enforces existing requirements for terminal location registration established through previous notices from 2007-2018.
Compliance Requirements
- Trading members must upload IML/BOLT TWS/BOLT PLUS terminal location details before placing orders
- All terminals must be properly registered with the Exchange
- Members should ensure strict compliance to avoid daily penalty charges
- Contact BSE inspection team for queries or clarifications
Important Dates
- July 2025: Month for which charges are being imposed
- August 11, 2025: Charges file downloaded and circular issued
- Ongoing: Daily monitoring and charging for non-compliant terminals
Impact Assessment
Financial impact on non-compliant trading members through daily penalty charges. Operational impact requires members to maintain accurate terminal registration records and ensure proper location information upload procedures are followed.
Impact Justification
Affects trading members with non-compliant terminals through monetary penalties