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NOTICES
Notice No.   20130315-27   Notice Date   15 Mar 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. 20130308-6 dated March 08, 2013 regarding Amendments in 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 April 1, 2013 as follows –

·         Revision in Trading volume based cash incentive
·         Introduction of additional trading volume based cash incentive on passive trades for MMs qualifying for Rs.2 lakhs quote based incentive.
·         Revision in trading volume cap
·         Revision in quote based incentive pool
·         Revision in quote obligations
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