Notice No.   20210915-34   Notice Date   15 Sep 2021
Category   Trading   Segment   Derivatives
Subject   Introduction of LES scheme in Equity derivative segment
Attachments ;

This is with reference to SEBI circular No CIR/MRD/DP/14/2014 dated April 23,2014 and SEBI/HO/MRD/DSA/CIR/P/2021/623 dated September 1, 2021 regarding Revised guidelines for Liquidity Enhancement Scheme in the Equity Cash and Equity Derivatives Segments.

In view of the above, Trading Members are requested to note that with effect from October 01, 2021 Exchange shall introduce Liquidity Enhancement Scheme (LES) in following products in equity derivatives segment.

·       S&P BSE SENSEX50 Options Weekly Options Contracts

Members willing to be appointed as Designated Primary Market Maker (DPMM) shall be required to submit their bid for DPMM in exchange prescribed format between September 22 to September 23, 2021 in the BEFS Portal.


Details of scheme is attached as Annexure.

For any further clarifications, Trading members are requested to contact their designated Relationship Managers.


For & on behalf of BSE Ltd,




Ketan Jantre

Sameer Vaze

Sr.GM – Trading Operations

AGM – Trading Operations