Description
NSE approves surrender of Currency Derivative & IRF segment membership by Ashlar Securities Private Limited effective November 21, 2025.
Summary
NSE has approved the voluntary surrender of membership in Currency Derivative and IRF (Interest Rate Futures) segments by Ashlar Securities Private Limited (SEBI Registration: INZ000203739). The surrender was approved on November 21, 2025. This is a routine administrative action with no broader market implications.
Key Points
- Trading Member: Ashlar Securities Private Limited
- SEBI Registration Number: INZ000203739
- Surrendered Segments: Currency Derivative & IRF (Interest Rate Futures)
- Surrender Approval Date: November 21, 2025
- Circular Reference: NSE/COMP/71483, Circular No. 98/2025
Regulatory Changes
No regulatory changes. This is an administrative notification of a member’s voluntary segment surrender.
Compliance Requirements
All NSE members are requested to take note of this segmental surrender. No specific action required from other members.
Important Dates
- November 21, 2025: Surrender approval date
- November 26, 2025: Circular issue date
Impact Assessment
Market Impact: Minimal to none. This affects only the specific trading member’s participation in Currency Derivative and IRF segments.
Operational Impact: No impact on other market participants. Ashlar Securities Private Limited will no longer operate in the surrendered segments but may continue in other segments where it holds membership.
Scope: Single member administrative action with no systemic implications.
Impact Justification
Administrative circular regarding voluntary segment surrender by a single trading member with no market-wide impact or regulatory changes