Key Points
BSE on Tuesday said it is revising the transaction charges for its options contracts in the equity derivatives segment..
The current transaction charges for S&P BSE Sensex options and S&P BSE Bankex options will continue to be levied for the period between May 1-10...
From June, the premium turnover will be cumulated and the transaction charges will be levied based on the slab based on the incremental turnover month-on-month.. Recently, the market regulator Sebi had asked BSE to pay regulatory fee based on notional turnover and not premium turnover..
Notional turnover is calculated by multiplying strike price of each contract traded with the number of underlying assets in each contract while premium turnover is the sum of premiums paid on all contracts...
