Description
Choice Equity Broking Private Limited (Member No. 3299) will cease operations in the Currency derivative segment effective January 9, 2026 due to voluntary closure of business.
Summary
BSE has notified trading members that Choice Equity Broking Private Limited (Member No. 3299) will voluntarily cease business operations in the Currency derivative segment effective January 9, 2026. This is an administrative closure initiated by the member firm.
Key Points
- Choice Equity Broking Private Limited (Member No. 3299) is voluntarily closing business
- Cessation applies specifically to Currency derivative segment only
- Effective date: Friday, January 9, 2026
- Member firms can contact membership.ops@bseindia.com for clarifications
Regulatory Changes
No regulatory changes. This is a voluntary business closure by a member firm.
Compliance Requirements
No specific compliance requirements for other trading members. This is an informational notice about one member’s voluntary exit from the currency derivatives segment.
Important Dates
- January 8, 2026: Notice date
- January 9, 2026: Effective date of cessation of operations in Currency derivative segment
Impact Assessment
Minimal market impact. This affects only one member firm’s operations in the currency derivatives segment. Trading members are informed for awareness purposes. Clients of Choice Equity Broking Private Limited may need to transition their currency derivative positions to other brokers before the effective date.
Impact Justification
Administrative notice about a single member firm ceasing operations in one segment. Limited market-wide impact as this affects only one broker's currency derivative operations.