Kindly note that as per circular nos. NSE/LEGL/8319 and NSE/INSP/8338 issued by NSE permissible brokerage rates on Option contracts will be charged only on the Premium amount.
Further, the amount of brokerage charged will not exceed 2.5% of the premium amount or Rs 100, whichever is higher.
In view of the same, you are requested to note that w.e.f. Feb 23, 2007, the brokerage charged on options contracts will be only on the premium amount.
The above brokerage rate shall be applicable for each lot and shall be on each leg i.e. both on buy as well as sell.
Brokerage rates for trades in future contracts will remain the same.
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|Kindly also take note of the change in Derivatives Lot Size as per the latest NSE circular no. NSE/F&O/010/2007.
Click to view revised Market Lots.
|Sharekhan Ltd.: BSE Cash-INB011073351; F&O-INF011073351; NSE – INB/INF231073330; MAPIN – 100008375; DP: NSDL-IN-DP-NSDL-233-2003; CDSL-IN-DP-CDSL-271-2004; PMS INP00000066; Mutual Fund: ARN 20669. Sharekhan Commodities Pvt. Ltd.: MCX-10080; NCDEX-00132; MAPIN – 100013912, For any complaints email at email@example.com Regd / Admin Add: - Lodha iThink Techno Campus,10th Floor, Beta Building, Off. JVLR, Opp. Kanjurmarg Station, Kanjurmarg (East), Mumbai - 400 042, Maharashtra Please carefully read the risk disclosure document as prescribed by SEBI & FMC and Do’s & Don’ts by NCDEX|