Discontinuation of Incentive Cap Alert Messages on BOLT TWS and through IML.

• Notice No: 20111221-27
• Notice Date: 21 Dec 2011
• Category: Trading
• Segment: Derivatives

This is in continuation to Exchange notice number 11 dated December 14, 2011 regarding Revisions in Terms & Conditions of LEIPS-II Programme which shall be effective from December 27, 2011.

Currently the Exchange publishes various alert messages (on BOLT TWS and through IML) for Daily Volume Incentive Cap for each time period. The messages indicate the percentage of Daily Volume Incentive Cap for a time period along with the timestamp.

On the background of revision in no of time periods to 1 minute time interval, trading members are hereby informed that the Exchange shall discontinue publishing the aforesaid alert messages in BOLT TWS & IML with effect from December 27,2011.

Alternatively, LEIPS participants shall be able to see the details of 100% Volume Incentive Cap for a Time Period (1 Minute Interval) as follows –

LEIPS Participant	System	Location
GMP	BEFS system http://befs.bseindia.com	LEIPS –Incentive Volume Caps
MM	LEIPS System https://leipsmm.bseindia.com	Compliance – Incentive Volume Caps

Members are requested to take the note of the same as the said facility is already operational in BEFS and LEIPS Systems.

For any clarifications, Members may contact their designated Relationship Manager or BSE Help Desk at 022- 61363161.

For and on behalf of

BSE Limited.

Rajesh Saraf	Sameer Vaze
General Manager – Trading Operations	Deputy Manager – Trading Operations