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Notice No.   20140128-18   Notice Date   28 Jan 2014
Category   Trading   Segment   Derivatives
Subject   Discontinuation of LEIPS XIII programme.


SEBI vide Circular CIR/DNPD/5/2011 dated June 2, 2011 (BSE Notice no-20110602-18, dated June 02, 2011), permitting stock exchanges to introduce Liquidity Enhancement Schemes (LES) for illiquid securities in their equity derivatives segment. The Circular states that the Exchange may amend / discontinue the Scheme at any time with an advance notice of 15 days.
The thirteenth programme in the series LEIPS-XIII was launched on September 04, 2013 vide notice no. 20130820-31 dated August 20, 2013. The Programme focused on Options Contracts on S&P BSE Sensex.
Trading members are hereby informed that Exchange has decided to discontinue the aforesaid LEIPS XIII programme with effect from February 13, 2014. The Scheme would be effective till February 12, 2014.
For any further clarifications, please contact your designated Relationship Managers.

Devika Shah
Sameer Vaze
Sr. General Manager – Trading Operations
Manager – Trading Operations