Description

NSE approves surrender of Currency derivatives including IRF segment membership by Pace Stock Broking Services Private Limited effective July 29, 2025.

Summary

NSE has approved the segmental surrender of membership by Pace Stock Broking Services Private Limited (SEBI registration: INZ000180832) for the Currency derivatives including IRF segment, effective July 29, 2025.

Key Points

  • Member: Pace Stock Broking Services Private Limited
  • SEBI Registration: INZ000180832
  • Surrendered Segment: Currency derivatives including IRF
  • Approval Date: July 29, 2025
  • All members notified of the change

Regulatory Changes

No regulatory framework changes. This is a routine membership surrender approval.

Compliance Requirements

  • All NSE members are requested to take note of this membership change
  • No specific compliance actions required from other members

Important Dates

  • July 29, 2025: Surrender approval date for Currency derivatives including IRF segment
  • July 31, 2025: Circular notification date

Impact Assessment

Minimal market impact as this involves surrender of membership by a single trading member in the currency derivatives segment. Other members should update their records regarding the member’s trading status in the affected segment.

Impact Justification

Routine membership surrender by single member with limited market impact