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| NOTICES |
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| Notice No. |
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20130716-21 |
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Notice Date |
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16 Jul 2013 |
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| Category |
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Trading |
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Segment |
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Derivatives |
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| Subject |
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Revision in Incentive program to increase retail participation in BSE Derivatives Segment |
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| Content |
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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:
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Qualified UCC during a calendar month
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Incentive Amount to be paid to the member per calendar month in Rs.
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0-99
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NIL
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100 -200
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20,000
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201 –500
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50,000
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501 -1000
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75,000
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1001 – 2000
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1,25,000
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2001 –3500
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2,50,000
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3501 – 5000
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3,50,000
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5001-7500
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5,00,000
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7501 and above
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7,50,000
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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
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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 Operatios.
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