NSE lowers transaction charges for equity options, currency derivatives

National Stock Exchange (NSE) significantly lowered the transaction charges in equity options and currency derivatives, in order to bring more liquidity into derivatives segment. This move is expected to aid in reducing the trading and hedging costs for various entities, including small and medium enterprises.
 
The fee starts at Rs 90 per crore of traded value for incremental monthly turnover of up to Rs 1,000 crore in the currency futures and it comes down as turnover rises.  Earlier, for such contracts, a fees of Rs 110 per crore was levied.
 
Incremental monthly turnover of over Rs 1,000 crore to up to Rs 2,000 crore will attract Rs 80 for every one crore of traded value, Under the new slab structure for currency futures.
 
A monthly turnover of more than Rs 2,000 to Rs 3,000 crore will attract Rs 70 for every one crore of traded value, while for turnover of above Rs 3,000 crore will attract transaction charges of Rs 35 for every one crore of traded value. Earlier, the exchange charged Rs 30 per crore of traded value on monthly turnover of over Rs 35,000 crore.