1. Parties: Identification of the stock exchange and the trading member/broker, including registration details and SEBI registration numbers
2. Background: Context of the agreement, including the stock exchange's authorization status and the trading member's intention to conduct trading activities
3. Definitions: Comprehensive definitions of terms used in the agreement, including technical trading terms and regulatory references
4. Trading Rights: Scope of trading rights granted to the member, including permitted segments and types of securities
5. Regulatory Compliance: Obligations to comply with SEBI regulations, exchange rules, and other applicable laws
6. Technical Requirements: Specifications for connecting to trading systems and maintaining technical infrastructure
7. Trading Operations: Procedures for daily trading operations, including order placement, execution, and settlement
8. Risk Management: Requirements for maintaining margins, exposure limits, and risk management systems
9. Fees and Charges: Structure of various fees, charges, and deposits payable to the exchange
10. Member Obligations: Specific duties and responsibilities of the trading member
11. Representations and Warranties: Standard representations regarding legal status, authority, and compliance capabilities
12. Default and Consequences: Events of default and resulting actions, including suspension or termination of trading rights
13. Dispute Resolution: Procedures for handling disputes, including arbitration mechanisms as per exchange rules
14. Confidentiality: Obligations regarding confidential information and trading data
15. Term and Termination: Duration of the agreement and conditions for termination
16. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law
