BSEIndia
    Print   Close  
NOTICES
Notice No.   20130218-14   Notice Date   18 Feb 2013
Category   Trading   Segment   Derivatives
Subject   Amendments in LEIPS VIII programme
Attachments   LEIPS-VIII Programme Brochure-Revised.pdf ;
Content

 

This is with reference to the Exchange Notice No. 20130101-20 dated January 01, 2013 regarding Introduction of Liquidity Enhancement Incentive Programme (LEIPS) - VIII for BSE Derivatives Segment. Trading Members are hereby informed that the Exchange proposes to amend certain terms and conditions of LEIPS-VIII Programme effective from March 05, 2013 as follows –
·         Revision in trading volume based cash incentive
·         Revision in spread size specification for quote obligation
·         Removal of volume cap for trading incentive from 9:15 AM till 12:30 PM and 12:30 PM till 3:30 PM and introducing volume cap of Rs. 100 cr. For the complete trading session per day.
·         Introduction of additional incentive pool of Rs. 2 Lakh per day for MMs with different quote obligation
·         Introduction of quote based incentive on the near month contract on Expiry and Expiry – 1 day.
 
Please refer to the attached brochure for detailed information on revisions in LEIPS-VIII Programme as mentioned above.
 
All other terms and conditions of LEIPS- VIII Programme shall remain unchanged.
 
For any further clarifications, members are advised to contact their designated Relationship Managers.
 
 

Devika Shah
Sameer Vaze
Sr. GM-Trading Operations
Manager-Trading Operations