Description
NSE has approved the surrender of Currency Derivatives segment membership by Victory Financial Services Ltd. (SEBI Reg. No. INZ000255831), effective April 21, 2026.
Summary
NSE’s Compliance Department (Circular Ref. No. 35/2026) has approved the request of Victory Financial Services Ltd. to surrender its membership in the Currency Derivatives segment. The surrender was approved on April 21, 2026. All members are directed to take note of this development.
Key Points
- Victory Financial Services Ltd. (SEBI Registration No. INZ000255831) has surrendered its Currency Derivatives segment membership.
- The surrender was approved by the Exchange on April 21, 2026.
- This is a segmental surrender, meaning the member may retain membership in other segments.
- All NSE members are requested to acknowledge this notification.
Regulatory Changes
No broader regulatory changes are introduced by this circular. It is an administrative notification of an approved membership surrender for a specific segment.
Compliance Requirements
All NSE members are required to take note of the surrender of Currency Derivatives segment membership by Victory Financial Services Ltd. No further action is required from other members.
Important Dates
- April 21, 2026: Surrender approval date for Victory Financial Services Ltd.’s Currency Derivatives segment membership.
Impact Assessment
The impact is limited to the operational status of Victory Financial Services Ltd. in the Currency Derivatives segment. Other market participants and overall market operations in the Currency Derivatives segment are unaffected. This is a routine administrative update with no broader market or systemic implications.
Impact Justification
Routine administrative circular notifying the surrender of a single trading member's Currency Derivatives segment membership. No market-wide regulatory changes or compliance obligations imposed on other members beyond taking note.