SEBI vide Circulars CIR/DNPD/5/2011 dated June 2, 2011 (BSE Notice no-20110602-18, dated June 02, 2011), and CIR/MRD/DP/14/2014 dated April 23, 2014 (BSE Notice no: 20140429-6 dated April 29, 2014) permitted stock exchanges to introduce Liquidity Enhancement Schemes (LES) for illiquid securities in their Equity Cash & Equity Derivatives Segment. The Circular states that the Exchange may amend / discontinue the Scheme at any time with an advance notice of 15 days.
Trading members are hereby informed that Exchange has decided to discontinue the following programmes.
· LEIPS XV- Single Stock Futures contracts on 35 underlying scrips
· LEIPS XVI- Options contracts on S&P BSE-100 Index.
· LEIPS XVII- Futures contracts on S&P BSE-100 Index
The above mentioned programmes would be effective till May 29, 2014.
For any further clarifications, please contact your designated Relationship Managers.
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Devika Shah
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Ketan Jantre
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Sr. Gen Manager – Trading Operations
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Gen Manager – Trading Operations
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