The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have changed the transaction fees charged for spot, futures and options trades. The transaction fee for the spot market in NSE will now be Rs 2.97/lakh value traded. While in the equity derivatives segment, the transaction fee on futures will be Rs 1.73/lakh value traded.
While options will have a premium value of Rs 35.03/lakh. In the currency derivatives segment, NSE has maintained transaction fees for futures at Rs 0.35/lakh value traded. Whereas in currency options and interest rate options, this fee will be Rs 31.1/lakh, premium value.
Similarly, BSE has also changed its transaction fees. In the currency derivatives segment, a fee of Rs 45 will be levied on forward contracts (including currency futures) with a turnover value of Rs 1 crore. A fee of Rs 100 will be levied on the premium turnover value of Rs 1 crore on BSE options. These changes will come into effect from October 1.
NSE-BSE transaction fees changed after SEBI instructions
NSE and BSE made this change in transaction fees after the mandate given by market regulator Securities Exchange Board of India (SEBI) in July.
In this mandate, SEBI had required stock exchanges to have a uniform flat fee structure for all members of market infrastructure institutions. With this, SEBI wants to change the structure of different fees in different slabs based on volume and activity.
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