BSE Limited has announced revisions in transaction charges for futures contracts in the currency derivatives segment, as well as for Sensex and Bankex options contracts in the equity derivatives segment. These changes, set to take effect from October 1, 2024, are in accordance with SEBI’s circular on “Charges levied by Market Infrastructure Institutions – True to Label” issued in July 2024.
Revised Transaction Charges:
- Currency Derivatives Segment:
- Currency futures (including cross-currency futures) will now have a transaction charge of ₹45 per crore of turnover value.
- There will be no change in the transaction charges for currency options (including cross-currency options), which remain at ₹100 per crore of premium turnover value.
- Equity Derivatives Segment:
- Transaction charges for Sensex options (all expiries) are set at ₹3,250 per crore of premium turnover value.
- Bankex options (all expiries) will also see a revised transaction fee.
- No changes will be made to transaction charges for other contracts in the equity derivatives segment, such as index futures (no fee) and Sensex 50 options (₹500 per crore of premium turnover value).
These revisions aim to align transaction fees with SEBI’s directives under the “True to Label” framework, which ensures transparent and fair charges by market infrastructure institutions. Trading members are advised to comply with the new provisions and reach out to their relationship managers for further clarifications.
