BSE waives processing fee for authorised persons registration

To widen its distribution network, stock exchange BSE today said it will not charge any processing fee for registration of authorised persons by trading members for a period of six months.
The move is aimed at widening the distribution network of BSE and increasing the participation of intermediaries and reach of trading terminals of the exchange.
In a circular, BSE has announced "zero (no) processing fees for AP (authorised persons) registrations by trading members for a period of six months staring from April 1, 2015 to September 30."
In a separate circular, National Stock Exchange (NSE) has announced discounts of up to 59 per cent in transaction charges for trading on its currency derivatives platform and in equity options segment.

The move is part of NSE's effort to improve liquidity in these segments and to align with the feedback received from the market.
NSE's discounts of 25-59 per cent in transaction charges for currency futures trade would be applicable from today would continue for two months.
In the equity options, NSE will give a concession between 32 and 45 per cent in the transaction charges levied on the incremental billable volume, or premium value, for a period of two months beginning today.
"It has been decided to provide a concession in the transaction charges (in the currency futures segment and equity derivatives segment for the period of two months effective from April 1, 2015 to May 31, 2015," NSE said.