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| NOTICES |
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| Notice No. |
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20131217-27 |
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Notice Date |
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17 Dec 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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Amendments in LEIPS XIII programme |
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| Content |
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This is with reference to the Exchange Notice No. 20131001-28dated October 01, 2013 regarding Amendments in LEIPS XIII programme for BSE Derivative Segment. Trading Members are hereby informed that the Exchange proposes to amend certain terms and conditions of LEIPS-XIII Programme effective from January 1, 2014 as follows –
Daily Volume Cap to be Rs. 1500 Crores for the last 5 days till the expiry day of the month including the expiry day of the month. However the same shall be Rs. 2500 Crores for the rest of the days of the month.
Trading volume based cash incentives shall be paid upto a maximum of Rs. 1500/-Cr. in S&P BSE SENSEX (Notional volume) for the last 5 days till the expiry day of the month including the expiry day of the month as follows—
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Total No of Time Periods
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Duration of Each Time Period
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Time Period wise Cap for S&P BSE Sensex Options Trading in Rs Cr (Notional).
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375
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1 Minute
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For All ITM,ATM,OTM1 & OTM 2 Strikes
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For OTM3 & OTM 4 Strikes.
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First 30 and Last 30 minutes
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1.3265
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3.986
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Interim 315 Minutes
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0.94
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2.81
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Total Volume Incentive Cap
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375.69
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1124.31
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All other terms and conditions of LEIPS- XIII 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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