Dated: 27th March 2017
Re: Revision of Transaction Charges for trading in the Capital Market
Segments and Derivatives Segments of both BSE & NSE under the arrangements
CSE had with BSE & NSE
Trading Members of the Calcutta Stock Exchange
are hereby informed that in supersession of all earlier Notices with regard to
Transaction Charges in the Capital Market Segments of CSE, BSE and NSE and also
in the Derivatives Segments of both BSE and NSE, the following transaction
charges would be applicable w.e.f. 3rd April 2017.
The revision in transaction charges has been
made pursuant to the revised Fees Structure introduced by BSE on number trades
in some scrip groups and also upon consideration of requests of Trading Members
for reduction of transaction charges in some scrip groups in BSE’s Capital
Market Segment.
1.
Minimum Turnover Charge:
A Minimum Transaction Charge ( CSE’s part) of
Rs. 15,000/- per annum (from F.Y. 2017-18) would be payable by all trading
members who have been enabled for trading in either BSE and/or in NSE either in
Capital Market Segment or in Derivatives Market Segment. This Minimum Charge of Rs. 15,000/- or the
differential charge would be collected on 5th April of every financial
year in case the yearly transaction charge (CSE’s part) is less than Rs. 15,000/- in a financial
year.
2.
Transaction Charges for trading in BSE’s Capital
Market Segment:
|
Scrip Group |
Transaction Charges w.e.f. 3rd
April 2017 |
|
A, B, T and other
non-exclusive scrips |
Rs. 2.40 Ps per trade (BSE + ICCL Charge Rs. 1.01 Ps per
Trade + CSE Charges Rs. 1.39 Ps per trade) (+taxes+SEBI Fees) |
|
M and MT |
Rs. 650/- per Crore of Gross Turnover(+taxes+SEBI Fees) |
|
XC, XD & XT |
Rs. 12,000/- (BSE Charges Rs. 10, 000/- + CSE Charges Rs.
2,000/-)(+taxes+SEBI Fees) |
|
Z |
Rs. 15,000/- (BSE Charges Rs. 10, 000/- + CSE Charges Rs.
5,000/-)(+taxes+SEBI Fees) |
|
P, ZP & R |
Rs. 2,00,000/- (BSE Charges Rs. 1,00, 000/- + CSE Charges
Rs. 1,00, 000/-)(+taxes+SEBI Fees) |
3.
Transaction Charges for trading in BSE’s
Derivatives Market Segment:
|
Daily GrossTurnover |
Turnover fee
inclusive of BSE Turnover Fees |
|
Up to Rs. 5 Crores
Gross Turnover |
@Rs.250/- per
Crore Gross Turnover (+taxes+SEBI
Fees) |
|
Beyond Rs.5 Crores to
Rs.10 Crores |
Rs.1250/- +@Rs.150/- per Crore
(+taxes+SEBI Fee) on Gross Turnover over and above Rs.5 Crores |
|
Beyond Rs.10 Crores
to Rs.50 Crores |
Rs.2000/- +@Rs.135/- per Crore (+taxes+SEBI Fee) on Gross Turnover over and
above Rs.10 Crores |
|
Beyond Rs.50 Crores
(on incremental volume) |
Rs.7400/- +@Rs.85/- per Crore (+taxes+SEBI Fee) on Gross Turnover over and
above Rs.50 Crores |
|
In case of Put/Call
Option |
0.065% on Premium
(+taxes+SEBI Fee) |
4.
Transaction Charges for trading in NSE’s Capital
Market Segment:
|
Settlement wise
daily Gross Turnover |
Turnover fee
inclusive of NSE Turnover Fees |
|
Up to Rs.3 Crores
Gross Turnover |
@Rs.650/- per
Crore Gross Turnover (+taxes+SEBI
Fee) |
|
Beyond Rs.3 Crores to
Rs.10 Crores |
Rs.1950/- + @Rs.550/-
per Crore (+taxes+SEBI Fee) on Gross Turnover over and above Rs.3/- Crore |
|
Beyond Rs.10
Crores |
Rs.5800/- +@Rs.450/- per Crore (+taxes+SEBI Fee) on Gross Turnover and above
Rs.10 Crores. |
5.
Transaction Charges for trading in NSE’s
Derivatives Market Segment:
|
Daily Gross Turnover |
Turnover fee
inclusive of NSE Turnover Fees |
|
Up to Rs.5 Crores
Gross Turnover |
@Rs.390/- per Crore
Gross Turnover (+taxes+SEBI Fee) |
|
Beyond Rs.5 Crores to
Rs.10 Crores |
Rs.1950/- +@Rs.290/- per Crore
(+taxes+SEBI Fee) on Gross Turnover and above Rs.5 Crores |
|
Beyond Rs.10 Crores
to Rs.50 Crores |
Rs.3400/- +@Rs.275/-per Crore (+taxes+SEBI Fee) on Gross Turnover over and
above Rs.10 Crores |
|
Beyond Rs.50 Crores
(on incremental volume) |
Rs.14400/- +@Rs.225/-per Crore (+taxes+SEBI Fee) on Gross Turnover over and
above Rs.50 Crores |
|
In case of Put/Call
Option |
0.065% on Premium
(+taxes+SEBI Fee) |
6.
Transaction Charges for trading in C-STAR (CSE’s
Capital Market Segment):
|
Settlement wise daily Turnover |
Turnover fee in Demat Rolling |
Turnover Fee in Physical Segment (trade for trade/Odd
Lot) |
|
Transaction Charges |
Rs.1000/- per Crore |
Rs.25,000/- per Crore |
Trading Members trading in scrips under XC, XD,
XT& Z groups of BSE Capital Market Segment (equity securities of companies
that are only listed/traded at BSE and satisfy certain parameters) on account
of their clients are advised to submit hard copy of the entire KYC document
along with a Xerox copy of the Bank Statement of the investor on whose behalf
the trade has been executed within 5.00 P.M. of the Trade Day to the
Surveillance Department of the Exchange.
Any deviation/non-compliance in this regard would be considered as
violation and of penalty at Rs. 2,000/- per day from the trade date till the
date of submission shall be imposed on the trading member. If the said KYC and
penalty amount not received within 5th trading day, then the said
client would not be allowed to trade from 6th trading day.
All Trading Members participating in Trading
under BSE-CSE and CSE-NSE arrangements are advised to note the above revision
of transaction charges and adhere to the required compliances for trading in
securities in XC, XD, XT & Z groups of BSE’s Capital Market Segment.
M.A.V. Raju
General Manager