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| NOTICES |
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This is with reference to the Exchange Notice No. 20130411-19 dated April 11, 2013 regarding Introduction of Liquidity Enhancement Incentive Programme (LEIPS)-X for BSE Derivative Segment. Trading Members are hereby informed that the Exchange proposes to amend certain terms and conditions of LEIPS-X Programme effective from June 03, 2013 as follows –
- Increase in volume cap from Rs. 100 crs to Rs. 250 crs.
- Revision in incentive paid to MMs & GMPs.
- Payout per trade shall be capped at Maximum 20 Lots.
- Change in spread & quantity of quoting.
- Introduction of Quote based incentive.
- Removal of trades done in spread contracts, in near & far month contracts (Except trades done in near month contracts from Expiry-5 till Expiry day) from eligible trades for calculation of incentive.
Please refer to the attached brochure for detailed information on revisions in LEIPS-X Programme as mentioned above.
All other terms and conditions of LEIPS- X Programme shall remain unchanged.
For any further clarifications, members are advised to contact their designated Relationship Managers.
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Devika Shah
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Sameer Vaze
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Sr. GM-Trading Operations
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Manager-Trading Operations
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