Notice No20190805-10Notice Date05 Aug 2019
SubjectIntroduction of Liquidity Enhancement Scheme (LES)in equity Derivatives.

This is with reference to SEBI circular CIR/MRD/DP/14/2014 dated April 23,2014 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 August 26,2019 Exchange shall introduce Liquidity Enhancement Scheme (LES) in following products in equity derivatives segment.


·         S&P BSE SENSEX Futures Monthly Contracts

·          S&P BSE SENSEX Options Monthly Contracts

·         Single Stock Futures Monthly Contracts

·         Single Stock Options Monthly Contracts

Details of scheme, list of stocks for market making and market maker selection process 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