The National Stock Exchange (NSE) on September 27, 2024, issued the Revision in Transaction Charges.
The following has been stated namely: -
• It was stated that the charge structure of the MII should be uniform and equal for all its members instead of current slab-wise structure which is dependent on volume of the trading members. Further, MII charges which are to be recovered by the trading members from the end client should be True to Label where in the amount recovered from end clients is the same as amount paid by the trading members to the MIIs.
• Exchange has now decided to levy the following transaction charges to the Trading members:
o Cash Market: Rs. 2.97 each side per lakh of traded value
o Equity Futures: Rs. 1.73 each side per lakh of traded value
o Equity Options: Rs. 35.03 each side per lakh of premium value
o Currency Futures: Rs. 0.35 each side per lakh of traded value
o Currency Options and Interest Rate Options: Rs. 31.10 each side per lakh of premium value
This shall be applicable with effect from October 01, 2024.
[Notification No. NSE/FA/64232]
