|
|
|
|
  |
| NOTICES |
|
| Notice No. |
|
20190903-26 |
|
Notice Date |
|
03 Sep 2019 |
|
| Category |
|
Others |
|
Segment |
|
Startups |
|
| Subject |
|
Trading in BSE Startup Segment |
|
|
|
|
|
| Content |
|
|
Pursuant to BSE Notice No: 20181127-23 dated on November 27, 2018, Trading Members of the Exchange are hereby informed that the Exchange shall be introducing two new group namely “MS” and “TS” to enable trading in the equity shares on BSE Startup Segment on SME Platform. The Trading parameters for equity shares of BSE Startup Segment are as follows:
|
Particulars
|
Description
|
|
Market Sessions
|
Units shall be available for trading in Pre-Open, Continuous & Closing session
|
|
Group
|
“MS” Group for normal/rolling settlement and “TS” Group for trade to trade settlement
|
|
Price bands
|
For “MS” Group “20%” and for “TS” Group “5%”
|
|
Permitted lot size
(Market Lot)
|
As per SEBI circular CIR/MRD/DAS/06/2012 dated February 21, 2012
|
|
Single order value limit for normal window
|
Rs.10 Crores
|
|
Margin
|
VaR based margins to be levied
|
|
Transaction Charges
|
Transactions charges will be levied on Transaction Value. It shall be Rs.275/- per crore
Transaction Charges for ODD Lot Trade Rs.275/- per crore
Transaction Charges for Auction Trade Rs.275/- per crore
|
|
Settlement of Securities
|
Will be settled on T+2 basis.
“MS” Group – will be on net basis and “TS” Group – will be on gross basis
|
|
Auction of Securities
|
Auction is allowed. Shortage of MS group will be auctioned as settlement is on net basis. TS will be closed-out as per T2T close-out criteria.
|
|
Block Deal
|
Available in block deal trading window.
Order entry in block trading window shall be in multiples of applicable lot size
|
Trading Members are requested to contact the following officials of the Exchange for any further queries:
Girish Joshi Bhushan Mokashi
Chief General Manager Addl. General Manager |
|