Description
NSE approves surrender of CD & IRF segment membership by Vishwas Fincap Services Private Limited effective August 29, 2025.
Summary
The National Stock Exchange has approved the segmental surrender of trading membership by Vishwas Fincap Services Private Limited for the Currency Derivatives (CD) and Interest Rate Futures (IRF) segments, effective August 29, 2025.
Key Points
- Vishwas Fincap Services Private Limited (SEBI Reg: INZ000189835) surrendered membership in CD & IRF segments
- Surrender was approved on August 29, 2025
- All NSE members have been 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
- Surrender Approval Date: August 29, 2025
- Circular Date: September 8, 2025
Impact Assessment
Minimal market impact as this involves one trading member voluntarily surrendering participation in specific segments (CD & IRF). No operational disruptions expected for other market participants.
Impact Justification
Administrative change affecting single member's segment participation with no broader market impact