Big News For Investors, NSE and BSE revise transaction fees effective from October 1. Details here

The move comes after the Securities and Exchange Board of India (SEBI) made it mandatory to have a uniform fee structure for all members of market infrastructure institutions, including stock exchanges.

If you invest in the stock market, then this news is useful for you. Actually, the country’s leading stock exchanges – BSE and NSE – on Friday revised their transaction charges for cash and future and option deals. The stock exchanges said in separate circulars that the revised rates will come into effect from October 1. This step was taken after the Securities and Exchange Board of India (SEBI) made a uniform fee structure mandatory for all members of the institutions associated with the market infrastructure, including the stock market.

Rs 3,250 per crore premium

BSE has revised the transaction fee for Sensex and Bankex option contracts in equity futures and options to Rs 3,250 per crore premium traded. However, transaction fee for other contracts in the equity futures and options category will remain unchanged. SEBI had issued a circular in July regarding the charges for market infrastructure institutions (MIIs). It said MIIs should have a uniform fee structure for all members, replacing the current volume-based system of trading.

Listing time for debt securities reduced

Let us tell 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 purpose of this initiative is to speed up access to funds. The new time limit 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 increased to the day of transaction plus three working days (T plus three), which is currently the day of transaction plus six days (T plus six). This step will enable faster access to funds to the issuers of debt securities.

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