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NOTICES
Notice No.   20130110-5   Notice Date   10 Jan 2013
Category   Trading   Segment   Derivatives
Subject   Discontinuation of open interest incentive as per LEIPS Scheme on current month contracts on their expiry day.
 
Content

 

Trading members are requested to refer to notice no -20121224-34 dated December 24,2012 regarding Amendments in LEIPS VI programme, notice no 20121224-35 dated December 24,2012 regarding Amendments in LEIPS VII programme and notice no - 20130101-20 dated January 01,2013 regarding Introduction of Liquidity Enhancement Incentive Programme (LEIPS) – VIII for BSE Derivative segment.
Currently the Exchange pays incentives on open interest in incentive eligible contracts of underlying as specified in scheme, even on the day of expiry of current month contract
The Exchange shall discontinue paying incentives on open interest in current month contracts on their day of expiry with effect from January 31, 2013.
Other terms and conditions of the aforesaid schemes shall remain unchanged
For any further clarifications, please contact your designated Relationship Managers.
For and on behalf of BSE Limited.

Devika Shah
   Sameer Vaze
Sr. GM – Trading Operations
   DM – Trading Operations