Description

Pace Stock Broking Services Pvt. Ltd. (Member No. 3013) will cease commodity derivative segment operations effective October 29, 2025 due to voluntary business closure.

Summary

BSE has announced that Pace Stock Broking Services Pvt. Ltd. (Member No. 3013) will voluntarily cease business operations in the Commodity derivative segment effective October 29, 2025. This is an informational notice to all trading members regarding the closure.

Key Points

  • Pace Stock Broking Services Pvt. Ltd. (Member No. 3013) is voluntarily closing business
  • Cessation applies to Commodity derivative segment only
  • Effective date: Wednesday, October 29, 2025
  • Contact: membership.ops@bseindia.com for clarifications

Regulatory Changes

No regulatory changes introduced. This is a member-specific business closure notification.

Compliance Requirements

No specific compliance actions required from other trading members. This is an informational notice only.

Important Dates

  • October 28, 2025: Notice date
  • October 29, 2025: Effective date of business cessation in commodity derivative segment

Impact Assessment

Minimal market impact. This affects only one trading member (Pace Stock Broking Services Pvt. Ltd.) voluntarily exiting the commodity derivative segment. No disruption to overall market operations or other trading members expected. Clients of Pace Stock Broking Services will need to transfer their commodity derivative accounts to other brokers if they wish to continue trading.

Impact Justification

Single trading member voluntarily closing commodity derivative operations; limited market-wide impact as this affects only one member's business operations