BSE hikes transaction charges for Sensex and Bankex options contracts

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₹1.65 billion. Also read: US Fed meet begins today: What to expect amid sticky inflation? Top experts share their views The existing transaction fees for S&P BSE Sensex options and S&P BSE Bankex options will remain applicable from May 1 to May 10.

Between May 13 and May 31, the premium turnover of these contracts will be aggregated, and transaction charges will be imposed according to the slab, calculated on an incremental turnover basis. Starting from June, premium turnover will continue to be aggregated, and transaction charges will be applied based on the slab, determined by the month-on-month incremental turnover.

Also read: India VIX: Market volatility may rise ahead of election results, gains capped over priced-in stability; here's why The market regulator Sebi recently asked BSE to remit regulatory fees based on notional turnover rather than premium turnover. Initial assessments conducted by the stock exchange indicate that this adjustment could result in an extra disbursement of ₹165 crore plus GST.

BSE has experienced a notable surge in options volumes, since re-entering the index options market in May 2023. While its notional turnover has reached approximately 20 per cent of NSE's notional turnover as of March, BSE's premium turnover stands at only 8 per cent of NSE's premium turnover.