Description
DB (International) Stock Brokers Ltd (Member No. 3129) will cease to do business in Currency derivative segment due to voluntary closure of business.
Summary
BSE has notified that DB (International) Stock Brokers Ltd (Member No. 3129) will voluntarily cease operations in the Currency derivative segment. This is a routine notification regarding member exit from the exchange.
Key Points
- DB (International) Stock Brokers Ltd (Member No. 3129) is ceasing business in Currency derivative segment
- Closure is voluntary in nature
- Notification issued to all trading members of the exchange
- Contact email provided for clarifications: membership.ops@bseindia.com
Regulatory Changes
No regulatory changes. This is an administrative notification regarding member exit.
Compliance Requirements
No specific compliance requirements for other members. This is an informational notice.
Important Dates
- Notice Date: December 10, 2025
- Effective Date: Not specified in the circular
Impact Assessment
Market Impact: Minimal. This is a single member firm voluntarily exiting the currency derivatives segment. No broader market implications.
Operational Impact: Limited to clients of DB (International) Stock Brokers Ltd who will need to transfer their currency derivative positions to other brokers.
Member Impact: Affects only DB (International) Stock Brokers Ltd and its clients in the currency derivatives segment.
Impact Justification
Routine closure of a single member firm in currency derivatives segment with limited market-wide impact