SEBI:Transaction Charges by Commodity Derivatives Exchanges:
7 September 2016

The Commodity Derivatives Exchanges are collecting transaction charges from the members for the trades executed on their trading platform. In order to promote competition in the market and bring in greater efficiencies and lower transaction costs to market participants, it has been decided that the norms shall be continued to be applicable to the Commodity Derivatives Exchanges while levying transaction charges. The provisions of this circular shall come into effect from September 29, 2016 in supersession of all earlier directives issued by erstwhile FMC with regard to matters related to Transaction Charges. This circular is issued in exercise of powers conferred u/s 11(1) of the SEBI Act, 1992, to protect the interests of investors in securities and to promote the development of and to regulate the securities market. Cicular No.- SEBI/HO/CDMRD/DMP/CIR/P/2016/82

Newsletter Signup

Get the most recent legal updates from PKMG and be updated.

Legal Agreements

PKMG Law Reports