MUMBAI: The Bombay Stock Exchange (BSE) has announced a revision in transaction fees for Sensex and Bankex options contracts in its equity derivatives segment.

Effective from October 1, the new fee will be Rs 3,250 per crore of premium turnover. Transaction charges for other contracts in the equity derivatives segment remain unchanged, with Sensex 50 and stock options carrying a fee of Rs500 per crore of premium turnover, and no fees for index and stock futures.

NSE fee

The National Stock Exchange (NSE) also introduced revised transaction fees. In the cash market, a fee of Rs2.97 per lakh of traded value will be applied on each side, while equity futures will carry a fee of Rs1.73 per lakh of traded value.

For equity options, the fee will be Rs35.03 per lakh of premium value on both sides. For currency futures, the fee will be Rs0.35 per lakh of traded value, and for currency and interest rate options, Rs31.10 per lakh of premium value on both sides.

SEBI circular

These changes follow a Securities and Exchange Board of India (SEBI) circular issued on July 1, 2024, mandating a uniform fee structure across Market Infrastructure Institutions (MIIs).

The directive aims to standardise fees and ensure that charges collected from clients by trading members match the amounts paid to the MIIs.

Earlier this week, MCX also revised its transaction fees for futures and options, effective October 1. Futures contracts will be charged Rs2.1 per lakh of turnover value, and options contracts Rs 41.8 per lakh of premium turnover value.