The Multi Commodity Exchange of India Limited (MCX) on September 24, 2024, issued the notification regarding the Revision in Transaction Fees on Futures and Options contracts.
The following has been stated namely: -
The applicable transaction fees for Futures and Options contracts with effect from October 01, 2024, is namely: -
Future Contracts - Rs. 2.10 per lakh of turnover value
Options Contracts - Rs. 41.80 per lakh of premium turnover value
Members shall ensure that the Exchange transaction fees, if recovered from the end client should be True to Label, i.e. the fees levied on the end client by members shall not exceed the exact amount as charged by the Exchange to the member
[Notification No. MCX/F&A/631/2024]
