NOTICE
Dated: 24th May 2017
Re: Introduction of Usage Charges for “NOW” (NEAT on Web) for various segment s of NSE and Revision of Tariff on “New NOW“ for various segments of other Stock Exchanges.
Trading Members of the Calcutta Stock Exchange Ltd.,
who are using “NOW” (NEAT on Web) front end software of NSE for trading in various segments of NSE and / or BSE
under the arrangement under Section 13 of SCRA are hereby informed that
w.e.f. 1st July, 2017, NSE will be charging usage charges for using
their “New NOW” for trading by
dealers/Clients through EXE in various segments of NSE and other
exchanges.
Vide an email dated 16th May 2017, NSE has
informed this Exchange about rationale for introduction of usage charges on New
NOW for trading in various segments of NSE and also for revision of charges for
trading through “New NOW” in various segments of other Stock Exchanges as
under:
NOW Tariff (Effective
July, 01, 2017)
|
No.
of Terminals per Customer |
Charges
per terminal per exchange segment/month |
|
0-5 |
Rs. 300* per terminal |
|
6-25 |
Rs.1500 +
Rs.275 per incremental terminal over 5 terminals |
|
26-100 |
Rs.7000 +
Rs. 225 per incremental terminal over 25 terminals |
|
101-250 |
Rs.23875
+ Rs.175 per incremental terminal over 100 terminals |
|
251-500 |
Rs.50125
+ Rs.125 per incremental terminal over 250 terminals |
|
501-1000 |
Rs.81375
+ Rs. 50 per incremental terminal over 500 terminals |
|
>1000 |
Rs.106375
+ Rs 10 per incremental terminal over 1000 terminals |
* Minimum of Rs. 1500 per month shall be charged for
Customer falling in this particular slab only
However, investor clients who access the application
exclusively through NOW WB platforms: www.nowonline.in and www.now-online.in throughout the billing month will be given
free access and not be charged.
A copy of detailed write-up along with the Annexures received from NSE in this regard are being
Annexed with this Notice for information and perusal of all trading members.
Trading Members are requested to take note of the
aforesaid Tariff Charges of “New NOW” and give their consent for the new Tariff
by 20th June 2017 failing which, the access to the “NOW” frontend
will be deactivated.
Dhiraj Chakraborty
DGM- HR, Margin & MOP
Encl: As above