The National Commodity & Derivatives Exchange Limited (NDEX) on September 27, 2024, issued the notification regarding the Revision in Transaction Fees on Futures and Options Contracts.
The following has been stated namely: -
• The applicable Transaction charges for Futures and Options contracts with effect from October 01, 2024 is namely: -
o Futures Contracts - Rs. 5.8 per lakh of turnover value
o Options Contracts - Rs. 30 per lakh of premium turnover value
• Transaction charges applicable on Options on Guar Seed Futures Contracts will be at a flat rate of Rs. 15/ Lakh of Premium Value till further notice from the Exchange.
• Members shall ensure that the Exchange transaction charges, 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. NCDEX/TRADING-042/2024]
