Trading Members are requested to refer to notice number 20160311-34 dated March 11, 2016, regarding revision of transaction charges for trades done in currency futures and options contracts, wherein members were informed that transaction charges on currency derivative contracts shall be Rs. 10/- per crore flat on both active and passive side of trades done in currency futures contracts and premium value of currency options contract.
In partial modification to above notice, trading members of currency derivative segment may please note that exchange shall levy the transaction charge in phase manner on trades done in currency futures and currency options contracts with effect from November 01, 2016 as follows.
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Sr. No.
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Time Period
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Currency Futures - Charges Applicable per crore (on both active and passive side)
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Currency Options - Charges Applicable per crore on premium Value (on both active and passive side)
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1
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From November 01,2016 to December 31,2016
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Rs.12/-
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Rs.500/-
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2
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From January 01,2017 to February 28, 2017
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Rs.15/-
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Rs.1000/-
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3
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From March 01,2017 to April 30, 2017
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Rs.18/-
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Rs.1500/-
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4
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From May 01,2017 to June 30,2017
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Rs.22/-
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Rs.2000/-
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5
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From July 01, 2017onwards.
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Rs.25/-
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Rs.2500/-
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* For currency futures contracts, transaction charges will be applicable on the value of the transactions (price X quantity). For currency options contracts, transaction charges will be applicable on the Premium value (premium X quantity) at the time of trading.
For further clarifications, members are requested to contact their respective Relationship Manager.
For & On Behalf of BSE Ltd,
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Ketan Jantre
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Sandeep Pujari
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GM-Trading Operations
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Sr.Manager-Trading Operations
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