Description
NSE approves surrender of IRF segment membership by DB (International) Stock Brokers Ltd. effective July 29, 2025.
Summary
NSE has approved the segmental surrender of membership by DB (International) Stock Brokers Ltd. (SEBI registration: INZ000179035) for the IRF (Interest Rate Futures) segment, effective July 29, 2025.
Key Points
- DB (International) Stock Brokers Ltd. surrendered its IRF segment membership
- SEBI registration number: INZ000179035
- Surrender approval date: July 29, 2025
- All NSE members notified of this change
Regulatory Changes
No regulatory framework changes. This is an administrative approval of a member’s voluntary segment surrender.
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 IRF segment membership
- July 31, 2025: Circular notification date
Impact Assessment
Minimal market impact as this affects only one trading member’s participation in the IRF segment. No operational disruptions expected for other market participants.
Impact Justification
Administrative change affecting single member's segment participation with no market-wide impact