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NSE Circular No: NSE/F&A/14891 (28-May-10) Waiver of Transaction charges in certain cases

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Circular No: NSE/F&A/14891

Dear Members,

Sub: Waiver of Transaction charges in certain cases

Trading members are aware that, the Exchange has been taking various initiatives to encourage investors especially from the semi urban and rural areas to participate in the equity market and also to facilitate trading members to establish trading terminals in these areas at reasonable costs.

In this direction, the Exchange had waived the transaction charges payable in respect of the trades emanating for all the segments of the Exchange; from the VSAT in the semi urban and rural locations up to an amount equal to annual VSAT charges levied by the Exchange with effect from 1st October, 2009.

In continuation of the same and to further augment its initiatives to encourage wider participation in semi urban and rural areas, the Exchange has decided to extend the same scheme to Leased Lines also. Accordingly it has been decided to waive the transaction charges payable in respect of the trades emanating for all the segments of the Exchange; from the Leased Lines in these semi urban and rural locations up to an amount equal to annual Leased Line charges payable by the trading member with effect from April 1, 2010.

For this purpose,...

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