Stock broker deposit requirements set segmental minimums and require maintenance with the recognised exchange or clearing corporation. Regulation 48 prescribes minimum deposit requirements for stock brokers, clearing members and self clearing members by trading segment, specifying fixed deposits for Equity Derivatives and Currency Derivatives (Rs. 50 lakh each for clearing and self clearing members), Commodity Derivatives on national exchanges (Rs. 50 lakh for clearing and self clearing members; nil for trading members), and Electronic Gold Receipts (Rs. 1 crore for clearing and self clearing members). Deposits must be maintained with the recognised stock exchange or clearing corporation, and the debt segment deposit is excluded where gross settlement without a guarantee fund is used.