Trading Members of the Exchange are requested to refer to Exchange notice number 20140822-40 dated August 22, 2014 regarding Amendment in Liquidity Enhancement Incentive Programme (LEIPS) – Single Stock Futures contracts on the 30 underlying stocks which are part of S&P BSE SENSEX for BSE Equity Derivatives segment.
Trading Members are hereby informed that the Exchange proposes to amend certain terms and conditions of aforesaid LEIPS Programme effective from January 19, 2015 as follows –
1. Change in list of eligible securities
2. Introduction of Trading Volume based cash incentive on passive trades to MMs and GMPs
3. Introduction of OI based incentive to MMs and GMPs
4. Revision of spread size specification for quote based incentives
5. Revision in Quote based incentives
Details of the programme are enclosed herewith as Annexure.
For any further clarifications, Trading members are requested to contact their designated Relationship Managers.
For and on behalf of BSE Ltd,
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Rajesh Saraf
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Ketan Jantre
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Sr. GM-Trading Operations
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GM-Trading Operations
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