Description
NSE approves the surrender of Currency Derivatives segment membership by Latin Manharlal Securities Pvt. Ltd., effective December 10, 2025.
Summary
NSE has approved the request of Latin Manharlal Securities Pvt. Ltd. (SEBI Registration: INZ000208631) to surrender its membership in the Currency Derivatives segment, including Interest Rate Futures (IRF). The surrender was approved on December 10, 2025.
Key Points
- Member Name: Latin Manharlal Securities Pvt. Ltd.
- SEBI Registration Number: INZ000208631
- Surrendered Segment: Currency Derivatives including IRF
- Approval Date: December 10, 2025
- All NSE members are requested to take note of this change
Regulatory Changes
No regulatory changes. This is an administrative action concerning voluntary surrender of segment membership by a single member.
Compliance Requirements
All NSE members are required to take note of this membership surrender. No specific action items for other members.
Important Dates
- December 10, 2025: Surrender approval date
- December 16, 2025: Circular issue date
Impact Assessment
Minimal market impact. This is a routine administrative matter involving one member’s voluntary exit from the Currency Derivatives segment. Does not affect trading operations or other market participants’ activities.
Impact Justification
Administrative notification of a single broker surrendering membership in one segment. No broader market impact or regulatory changes affecting other participants.