The National Stock Exchange International Exchange (NSE IX) on March 17, 2025, issued a circular regarding the Liquidity Enhancement Scheme (LES) at NSE IFSC Limited.
The following has been stated: -
•The NSE IFSC introduces a Volume Incentive Scheme offering rebates on transaction charges for trades in GIFT Nifty50 Futures contracts. Eligible Broker-Dealers and Remote Trading Participants can earn rebates based on monthly trading volumes, with higher rebates for higher volumes.
•The scheme runs from April 01, 2025, to March 31, 2026, with regulatory compliance and restrictions on market manipulation. Participants must register to claim incentives.
The detailed circular is given in the document below.
[Circular Ref. No: 003/2025]
