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NSE to penalise fake trades in F&O segment

This article was posted on Sep 9, 2009 and is filed under Market News

The report stated that the exchange will also cut transaction fees for trades done in the futures segment.

The National Stock Exchange of India Ltd. (NSE) will levy fees to prevent traders from placing a very large number of unproductive orders that don’t result in trades in the futures and options segment.

“In order to prevent such system abuse and to ensure fair usage of the system by all the members, it has been decided to levy a charge from Oct. 1,” the exchange said on its web site.

NSE will also cut transaction fees for trades done in the futures segment.

source: Indiainfoline

Tags: future and options trading in NSE, NSE F&O segment

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