This is with reference to the Exchange Notice No. 20130218-14 dated February 18, 2013 regarding Amendments in LEIPS-VIII programme for BSE Derivatives Segment. Trading Members are hereby informed that the Exchange proposes to further amend the Open Interest Cash Incentive effective from March 25, 2013 as follows –
· Total daily OI across all members of Single Stock Futures Contracts on 30 underlying scrips forming part of the SENSEX.
i) Till the above mentioned total OI is less than or equal to Rs.200 Cr of member OI on any given trading day, incentive shall be paid from pool of Rs. 250 per Cr of member OI
ii) If the above mentioned OI exceeds Rs. 200 Cr of member OI on any given trading day, then for that day, incentive shall be paid from pool of Rs. 50,000 per day.
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.
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Devika Shah
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Sameer Vaze
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Sr. GM-Trading Operations
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Manager-Trading Operations
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