HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
Sebi comes out with new directive on regulatory fee for BSE
Apr-29-2024

The markets watchdog SEBI has asked Bombay Stock Exchange (BSE) to pay the fee based on the notional value of its options contracts rather than on the premium value. BSE is advised to pay the regulatory fee based on annual turnover to SEBI considering the notional value in case of options contract. Also, the exchange has been asked to pay the differential regulatory fee for the past periods along with an interest of 15 per cent per annum on the remaining unpaid amount. It has been directed to pay the amount within one month of receipt of the letter.

SEBI’S letter mentioned that since the introduction of derivative contracts, BSE has been paying the regulatory fee on annual turnover to the regulator considering premium value for option contracts, instead of the notional value.

BSE provides an efficient and transparent market for trading in equity, debt instruments, derivatives, mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME).


  RELATED NEWS >>