Trading Members of the Exchange are requested to refer to Exchange notice number 20140825-26 dated August 25, 2014 regarding Amendment in Liquidity Enhancement Incentive Programme (LEIPS) – S&P BSE SENSEX Options for BSE Equity Derivatives segment.
Trading Members are hereby informed that the Exchange proposes to amend certain terms and conditions of LEIPS Programme on S&P BSE SENSEX Options with effect from June 08, 2015 as follows –
1. Introduction of SENSEX options weekly contracts in addition to SENSEX Options Monthly contracts.
2. Revision in Daily trading volume based incentive pool.
3. Revision in Roll over incentive.
4. Revision in quote based incentive.
5. Revision in Open Interest based cash incentive.
6. Discontinuation of Additional Quote based incentive for fulfilling quoting obligations in all the 14 strikes.
7. Discontinuation of Monthly quoting Incentives for MM’s.
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,
|
Ketan Jantre
|
Sameer Vaze
|
|
GM-Trading Operations
|
Manager-Trading Operations
|
|