Trading Members of the Exchange are requested to refer to Exchange notice number 20150102-21 dated January 02, 2015 regarding Amendments in Liquidity Enhancement Incentive Programme (LEIPS) – S&P BSE SENSEX Futures for BSE Equity Derivatives segment.
Trading Members are hereby informed that the Exchange proposes to amend certain terms and conditions of LEIPS Programme on S&P BSE SENSEX Futures with effect from June 08, 2015 as follows –
1. Revision in Spread Size Specifications.
2. Revision in Daily Inceptive volume cap.
3. Revision in Rollover criteria and incentive.
4. Revision in Daily Quote Based criteria and Incentive for keeping 85% presence in all 3 sessions.
5. Revision in OI based incentive.
6. Discontinuation of Daily additional quote based incentive for keeping 95% presence in all 3 sessions.
7. Discontinuation of Additional Monthly Pool of Rs.5 Lakhs.
Details of the programme are enclosed herewith as Annexure.
For any further clarifications, Trading members are requested to contact their designated Relationship Managers.
For and on behalf of BSE Ltd,
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Ketan Jantre
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Sameer Vaze
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GM-Trading Operations
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Manager-Trading Operations
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