This is with reference to the Exchange Notice No. 20130517-23 dated May 17, 2013 regarding Amendments in LEIPS XI programme for BSE Derivative Segment. Trading Members are hereby informed that the Exchange proposes to amend certain terms and conditions of LEIPS-XI Programme effective from August 01, 2013 as follows –
1. Reduction of daily trading incentive volume cap.
2. Revision in quote based incentive.
3. Removal of existing all quoting levels and retain only one level incentive with revision in obligations.
4. Revision in Open Interest based cash incentives.
Please refer to the attached brochure for detailed information on revisions in LEIPS-XI Programme as mentioned above.
All other terms and conditions of LEIPS- XI 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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