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Notice No.   20130111-25   Notice Date   11 Jan 2013
Category   Trading   Segment   Derivatives
Subject   Clarification regarding Quote Based Incentive for Roll-Over Options Contracts in LEIPS VI Programme


Trading Members are requested to refer to notice no. 20121224-34 issued on December 24, 2012 regarding Amendments in LEIPS-VI programme in BSE Derivatives Segment.
Clause 2 – Obligations: Roll Period of the aforesaid notice no. 20121224-34 is further clarified as follows:
·         Since the LEIPS VI programme is concluding on January 31 2013, Level 2 and Level 3 Quote Based Incentive shall NOT be applicable to Roll-Over Options contracts on BSE-100 underlying index i.e. February month contracts traded on January 29, January 30 and January 31, 2013.
All other terms and conditions of LEIPS- VI Programme shall remain unchanged.
For any further clarifications, members are advised to contact their designated Relationship Managers.

Devika Shah
                     Sameer Vaze
Sr. GM. – Trading Operations
                     DM – Trading Operations