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Trading Members of the Exchange are requested to refer to Exchange notice number 20150522-35 dated May 22, 2015 regarding Amendment in Liquidity Enhancement Incentive Programme (LEIPS) – Single Stock Futures contracts for BSE Equity Derivatives segment.
Trading Members are hereby informed that the Exchange proposes to amend certain terms and conditions of LEIPS Programme on Single Stock Futures with effect from October 16, 2015 as follows –
1. Discontinuation of Daily Quote based incentives.
2. Discontinuation of Roll over quoting incentive.
3. Discontinuation of spread size specification for quote based incentives
4. Discontinuation of Daily incentive volume cap.
5. Discontinuation of trading volume based cash incentive.
6. Revision in OI based incentive.
7. Revision in eligible underlying stocks.
Details of the programme are enclosed herewith as Annexure.
For any further clarifications, Trading members are requested to contact their designated Relationship Managers.
For & On Behalf of BSE Ltd,
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Ketan Jantre
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Sameer Vaze
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GM-Trading Operations
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Manager-Trading Operations
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