Securities and Exchange Board of India, SEBI, on Thursday laid out minimum deposit requirements for members in the debt segment of the stock exchanges. In January, the market regulator had announced a separate debt segment on bourses and had amended norms to enable registration of stock broker, proprietary trading member, clearing member and self clearing member on the platform.]In a circular issued Sebi said that base minimum capital requirements as per the norms for stock brokers and proprietary trading members will be applicable for the debt segment as well. According to the regulator, no deposit will be required from members seeking registration in the debt segment if they are already members of another segment on the stock exchange.
News On AIR | December 20, 2013 9:25 AM
SEBI lays out deposit norms for members in debt segment<br/>