NSE cuts fee on options and currency derivatives

The leading stock exchange NSE has significantly lowered transaction charges in equity options and currency derivatives. The reduction in trading transaction charges will increase turnover in the capital markets.

As per the new norms, the trading members will have to pay a flat Rs 2500 transaction fee for a month on a billable monthly turnover or premium value of upto Rs 3 crore in equity options. Furthermore, the Exchange has introduced a slab-based structure for turnover above Rs 3 crore. NSE has levied a transaction fee of Rs 5000 on billable turnover of upto Rs 1 crore in equity options and has given incentives for trades over Rs 1 crore. 


In the currency derivatives, fee starts at Rs 110 per crore of traded value for incremental monthly turnover of upto Rs 1000 crore and comes down as turnover rises. 

In the equity options segment, incremental billable monthly turnover or premium value between Rs 3 crore and Rs 100 crore will attract Rs 50 per lakh as transaction charges. Similarly, transaction charges will be Rs 47.5 for turnover between Rs 100 crore and Rs 750 crore; Rs 42.50 for Rs 750-1500 crore; Rs 37.5 for Rs 1500-2000 crore and Rs 30 for over Rs 2000 crore.