The Exchanges provides VSAT connectivity to members as one of the mode of network connectivity for trading which provides high Uptime.
VSAT is the abbreviation for the Very Small Aperture Terminal. It connects the Member to the Exchange via Satellite link. HCL Comnet is a VSAT service provider for MCX.
Details of VSAT Procurement options with its commercial & Recurring charges are provided in the table as follows :
||Type of Application
||OTC Charges (Rs.)
||ARC charges (Rs.)
||ARC : applicable after 3 years warranty from the date of installation of VSAT.
||VSAT in Installment
||OTC : Rs. 15,750/- for 12 quarterly installments, of which an advance payment of Rs. 15,750/- is required to be made at the time of application.
ARC : applicable after 3 years warranty from the date of installation of VSAT.
||Limited Promotion Scheme
||ARC : applicable from 1st year onwards.
||Member Own VSAT
||ARC : applicable on every 3 years basis from the date of installation of VSAT.
||Transfer of VSAT
||ARC : from 1st year onwards.
To apply for a new VSAT connectivity, Member needs to submit the below mentioned documents to the Exchange Membership department:
- Validation checklist and Application of new VSAT equipment
- VSAT undertaking
- Questionnaire for VSAT
- No objection Certificate (NOC) for installation of VSAT
- Central Sales Tax / Local Sales Tax Declaration
- Payment towards VSAT connectivity Charges.