NSE Circular Ref. No. 45/2026 (Download Ref. No.: NSE/COMP/74188) informs all members that the Exchange has approved the request of ARJ Securities Pvt. Ltd. (SEBI Registration No. INZ000237937) to surrender its membership in the Currency Derivatives segment. The surrender was approved on May 11, 2026.

Key Points

• ARJ Securities Pvt. Ltd. voluntarily applied for and received approval to surrender its Currency Derivatives segment membership.
• SEBI registration number of the surrendering member: INZ000237937.
• Surrender approval date: May 11, 2026.
• All NSE members have been notified to take note of this change.

Regulatory Changes

No new regulatory rules or framework changes are introduced. This is an administrative action reflecting the approved exit of one member from the Currency Derivatives segment.

Compliance Requirements

• All NSE members are required to note that ARJ Securities Pvt. Ltd. is no longer a member of the Currency Derivatives segment as of May 11, 2026.
• Counterparties and clearing members dealing with ARJ Securities in the Currency Derivatives segment should update their records accordingly.

Important Dates

• May 11, 2026: Surrender approval date for ARJ Securities Pvt. Ltd. in the Currency Derivatives segment.
• May 13, 2026: Date of circular issuance.

Impact Assessment

The impact is limited to ARJ Securities Pvt. Ltd. and its direct counterparties in the Currency Derivatives segment. There is no broader market or systemic impact. Other members are not required to take any action beyond updating their records to reflect that ARJ Securities is no longer active in this segment.