NSE extends concessional transaction fee in equity derivatives

Leading stock exchange NSE said it has extended concession of up to 40 per cent on transaction charges for trading in its equity options segment for three months till December 31.
The move is part of NSE's effort to improve the liquidity in the equity options segment.
The exchange had in June revised the transaction charges in the equity options segment for a period of three months from July 1 to September 30.
In equity options, the bourse had given a flat concession of 40 per cent on the transaction charges levied on the incremental billable volume, or premium value, above Rs 1,500 crore in a month for three months ending September 30.

Further, a concession of 20 per cent was given on turnover ranging Rs 750 crore to Rs 1,500 and 10 per cent on turnover between Rs 500 crore and Rs 750 crore.
"Based on the positive market feedback, it has been decided to extend the same for a further period of three months from October 1, 2016 to December 31, 2016," NSE said in a circular.