Continue levy same transaction charges in debt segment: NSE

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Press Trust of India New Delhi
Last Updated : Apr 13 2017 | 8:22 PM IST
Leading bourse National Stock Exchange (NSE) today said it will continue to levy a transaction charge of Rs 0.25 per lakh of turnover on trades executed in the debt segment in the current fiscal.
The NSE had launched a dedicated debt segment for trading purposes in order to provide a platform that will increase awareness and encourage participation across a large segment of fixed income investment.
The debt segment provides for a transparent price discovery, robust settlement systems and elimination of information asymmetry.
Currently, the exchange levies a transaction charge of Rs 0.25 per lakh of turnover, subject to maximum of Rs 25 per trade, on trades executed or reported through trading member of the exchange which was valid up to March 31, 2017, the NSE said in a circular.
Now, the exchange has decided to continue the same for the financial year 2017-18, it added.

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First Published: Apr 13 2017 | 8:22 PM IST

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