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In a move seen to attract big deals, the Bombay Stock Exchange (BSE) will start charging transaction fee on per trade basis from today.
As per the new system, Asia’s oldest stock exchange will charge Re 1 per trade for up to 5 lakh transactions in a month; 70 paise for 5-10 lakh transactions in a month; 60 paise for 10-20 lakh and 30 paise for over 40 lakh. Earlier, the exchange charged a flat Rs 275 per crore on a gross turnover of Rs 1 crore.
That apart, BSE will levy a flat transaction charge of Rs 10 per crore of
