Fw: Introduction of Transaction charges in Currency Derivative Segment

 

Dear Customer, This is with reference to circulars issued by NSE: NSE/F&A/18608 and MCX-SX: MCX-SX/F&A/625/2011 respectively on transaction charges to be levied on transactions executed in Currency Segment (both Futures and Options). Copy of the circular enclosed. Transaction charges in Currency Segment would be levied on transactions executed from August 22, 2011 as per the charge structure given below:

NSE Currency Segment NSE Currency Segment Future Contracts (in %) Option Contracts (in %) Transaction Charge 0.00115 0.04000 NSE Investor Protection Fund 0.00005 0.00200 SEBI Turnover Fee (Already applicable) 0.00010 0.00010 Total Transaction Charges 0.00130 0.04210 Total Transaction Charges per Lac Rs.1.30 Rs.42.10

MCX-SX Currency Segment NSE Currency Segment Future Contracts (in %) Option Contracts (in %) Transaction Charge 0.00110 0.04000 MCX-SX Investor Protection Fund 0.00005 0.00200 SEBI Turnover Fee (Already applicable) 0.00010 0.00010 Total Transaction Charges 0.00125 0.04210 Total Transaction Charges per Lac Rs.1.25 Rs.42.10

In case of Future contracts the calculation is based on the total traded value of the contract and for Option contracts the calculation is on the total premium value. Regadrs Team Sharekhan

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