SMC Global Securities fined by NSE for derivatives trading irregularities

SMC Global Securities Limited announced on September 9, 2025, that the National Stock Exchange (NSE) has imposed a penalty of ₹21,30,878. The fine stems from an NSE Member Committee order concerning trading activities in the equity derivatives segment, specifically close-out differences in reversal trades executed by clients between April 2023 and July 2023.

The company stated that while a monetary penalty has been levied, the issue is operational and does not affect its financial stability, business continuity, or client services. SMC Global Securities confirmed it has enhanced its internal monitoring systems to improve compliance.

The disclosure reaffirms SMC Global Securities' commitment to regulatory compliance and safeguarding stakeholders.