>   Networth, Deposit and Fee Structure
Networth, Deposit and Fee Structure

The net worth requirement for initial 6 months from the date of operationalization of IIBX shall be as under:

S. No. Category Net Worth
Entities incorporated in India (including IFSC) Foreign Entities
1 Trading member Minimum of USD 135,000 Minimum of USD 135,000
2 Trading and Self-Clearing Member Minimum of USD 675,000 Minimum of USD 675,000
3 Trading and Clearing member Minimum of USD 1,350,000 Minimum of USD 1,350,000
4 Professional Clearing Member Minimum of USD 1,350,000 Minimum of USD 1,350,000


Deposit structure

Member’s Category Deposit Structure (USD) Total Deposit (USD)
Exchange Clearing Corporation
TM 15,000 - 15,000
TM & SCM 15,000 75,000 90,000
TM & CM 15,000 85,000 1,00,000
PCM - 1,00,000 1,00,000


Fee Structure

The below mentioned fee structure would be applicable for all types of membership specified below to whom the letters have been issued.

(Amount in USD)
Types of Membership Application Processing Fees
for Grandfather Category
Application Processing Fees
for other than Grandfather Category
Annual Membership Fees IFSCA Fees
Exchange
(IIBX)
Clearing Corporation
(IIBX)
Registration
Fees
Annual Clearing
Membership Fees
Trading Member 500 1,000 3,000 - 1,000 -
Trading Member & Self-Clearing Member 500 1,000 3,000 10,000 1,000 1,000
Trading Member & Clearing Member 500 1,000 3,000 10,000 1,000 1,000
Professional Clearing Member 500 1,000 - 10,000 1,000 1,000
Limited Purpose Trading Member - 1,000 3,000 - ** -

**IFSCA fees for Qualified Jewellers as LPTM shall be levied as and when applicable.


(Amount in USD)
Qualified Jewellers Application Processing Fees for
Qualified Jewellers
Annual Membership Fees
for Qualified Jewellers
Qualified Jewellers (Client) 1,000 1,500

Note: Bank charges will be levied separately as actual.