Trading Members are requested to refer to Exchange notice no 20200605-52 regarding Introduction of Liquidity Enhancement Scheme (LES) in equity Derivatives.
In partial modification to aforementioned notice, Trading Members are requested to note that with effect from January 05,2021, Exchange shall amend the Liquidity Enhancement Scheme (LES) in equity derivatives as follows-
· Addition of Designated Primary Market Maker (DPMM 2).
· Revised bidding and revision in market making obligations of Designated Primary Market Makers.
Members willing to be appointed as designated primary market maker (DPMM) shall be required to submit their bid in exchange prescribed format between Dec 14, 2020 to Dec 15, 2020 in BEFS Portal.
The amendments in Liquidity Enhancement Scheme (LES) are attached as Annexure. For any further clarifications, Trading members are requested to contact their designated Relationship Managers.
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For & on behalf of BSE Ltd,
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Ketan Jantre
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Sameer Vaze
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Sr.GM – Trading Operations
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AGM – Trading Operations
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