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NOTICES
Notice No.   20130716-21   Notice Date   16 Jul 2013
Category   Trading   Segment   Derivatives
Subject   Revision in Incentive program to increase retail participation in BSE Derivatives Segment
 
Content

 

Trading members are requested to refer to the notice no 20130114 – 16 regarding Revision in Incentive program to increase retail participation in BSE Derivatives Segment.
The Exchange has decided to revise the incentive scheme as listed below with effect from August 1,2013
 1)      Revision in incentive structure as listed below:

Qualified UCC during a calendar month
Incentive Amount to be paid to the member per calendar month in Rs.
0-99
NIL
100 -200
20,000
201 –500
50,000
501 -1000
75,000
1001 – 2000
1,25,000
2001 –3500
2,50,000
3501 – 5000
3,50,000
5001-7500
5,00,000
7501 and above
7,50,000

 The incentives mentioned aboves shall be paid from pool of Rs.20 lakhs and if total UCC incentive amount crosses the pool of Rs.20 lakhs then incentives shall be paid on pro-rata basis.
Other terms and conditions of existing program will remain same.
For any further clarifications, members are advised to contact their designated Relationship Managers

Devika Shah
Sameer Vaze
Sr.GM – Trading Operations.
Manager –Trading Operatios.