If you invest in the stock market then this news is useful for you. In fact, the country’s leading stock exchanges – BSE and NSE on Friday have amended their transaction charges for cash and futures and options deals. Stock exchanges said in separate circulars that the revised rates will be applicable from October 1. The move came after the Securities and Exchange Board of India (SEBI) mandated a uniform fee structure for all members of institutions dealing with market infrastructure, including stock exchanges.
Rs 3,250 per crore premium
BSE has revised the transaction charges for Sensex and Bankex option contracts in Equity Futures and Options to Rs 3,250 per crore premium traded. However, transaction fees for other contracts in the Equity Futures and Options category will remain unchanged. SEBI had issued a circular in July regarding charges for market infrastructure institutions (MIIs). It said MII should have a uniform fee structure for all members, replacing the existing trading volume-based system.
Listing time reduced for debt securities
Let us inform you that recently SEBI decided to reduce the time limit for listing of public issue of debt securities from six working days to three working days. The aim of this initiative is to accelerate access to funds. The new deadline will be optional for the first year and mandatory thereafter.
SEBI said – In case of public issue of debt securities and non-convertible redeemable preference shares (NCRPS), the listing time has been reduced to deal day plus three working days (T+3) from the present deal day plus six days (T). plus six). The move will provide issuers of debt securities faster access to funds.
