This is with reference to the Exchange Notice No. 20130315-27 dated March 15, 2013 regarding Amendments in LEIPS VIII programme. Trading Members are hereby informed that the Exchange proposes to amend certain terms and conditions of LEIPS-VIII Programme effective from June 03, 2013 as follows –
· Revision of incentive paid to MMs and GMPs
· Payout per trade shall be capped at Maximum 20 Lots
· Removal of trades done in spread contracts in near & far month contracts (except trades done in near month contracts from Expiry–1 till Expiry day i.e. including expiry day) from eligible trades for calculation of incentive.
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.
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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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