Trading Members are requested to refer to notice number 20170623-12 dated June 23, 2017, regarding Revision in Transaction Charges in Currency Derivatives Segment.
Trading members are requested to note that with effect from January 01, 2018 transaction charges on trades done in currency futures and options contracts shall be as follows -
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Sr. No.
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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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Rs.100/-
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Sr.No
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Incremental Monthly Turnover in Currency Futures (Rs. Crore)
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Currency Futures - Charges Applicable per crore (on both active and passive side)
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1
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Turnover < Rs.5,000 Crores
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Rs.22
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2
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Turnover => Rs.5,000 Crores & < Rs.10,000 Crores
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Discount of 25% on Rs.22 (i.e. Rs.16.50)
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3
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Turnover => Rs.10,000 Crores & < Rs.20,000 Crores
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Discount of 50% on Rs.22 (i.e. Rs.11)
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4
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Turnover => Rs.20,000 Crore
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No Transaction charges
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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.
Transaction charges for Currency Futures will be charged on Incremental monthly turnover at the end of the month as per above table. Illustration is provided in Annexure.
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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AGM-Trading Operations
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