costing of alpha membership annually with colocation facility in NSE

[sumitj362]

@nithin , i am a prop desk trader currently managing funds worth 50 cr with monthly option turnover more than 200 cr. is it worth to have alpha membership ?
If yes then how much money do i need to have to be member and what will be the approx annual charges of running the membership, assuming i start with 20 cr and 100 cr option turnover.
thanks in advance

[nithin]

Check this

NSE Alpha Membership

Hi @nithin, NSE Alpha membership requires 25lkhs as deposit and I think 50 lakhs as net worth. If someone has a book size above 50lkhs does it make sense to apply for NSE alpha membership ? I guess, except for the brokerage, all other costs remain the same. So am I correct in assuming if the interest earned on 25 lakhs is less than the total brokerage paid, it is financially feasible to think of an Alpha membership ? 25lakhs will basically say earn 8%-9% annualized. So if someone is paying mor…