The NSE International Exchange, (NSEIX) on June 25, 2024, issued a notification regarding Liquidity Enhancement Scheme (LES) at NSE IFSC Limited.
NSE IFSC limited has initiated an incentive scheme for members to encourage active participation in trading and market development. The following LES scheme shall be effective from July 12, 2024. The salient featuresof the Liquidity Enhancement Scheme (LES) have been consolidated in this circular for the below products:
•Options on GIFT NIFTY50
•Futures on GIFT BANK NIFTY
•Futures on INR USD
The eligibility criteria for DMM are given below: Net worth of USD 1,35,000 (Not applicable for registered Client of Trading Members and Remote Trading Participant) No serious disciplinary action against the Trading Member / Registered client of Trading Member / Remote Trading Participant in the past 1 year.
[Notification No. NSEIFSC/BD/1725]
