NSE to reduce cash, derivative transaction charges by 1%

NEW DELHI: The National Stock Exchange (NSE) has announced a reduction of 1% in transaction charges for trades in both cash and derivatives segments from April 1, 2024.

Currently, the transaction charge in the equity delivery or cash segment is 0.00325%, while in the derivatives segment, it is 0.0019%. This reduction is estimated to have an overall impact of Rs 130 crore per annum on NSE's revenue from transaction charges.

These transaction charges are in addition to the securities transaction tax and GST levied on trades.

In early 2023, NSE had initially proposed a sharp increase of 6% in transaction charges for both equity cash and derivatives segment. However, the exchange later decided to roll back this proposal.

BSE, contrary to NSE increased the charges for trades in the derivatives segment from November 2023.

BSE charges Rs 500 for transactions per crore with a turnover up to Rs 3 crore, and Rs 3,750 per crore with a turnover of over Rs 3 crore and up to Rs 100 crore.

In terms of notional turnover, BSE's average daily turnover in equity derivatives reached Rs 71.14 lakh crore as of December end.
Stay informed with the latest Business News on Times of India. Explore updates on International Business, gain insights with Financial Literacy tips, and make use of Financial Calculators. Don’t forget to check the list of Bank Holidays in 2025, including Bank Holidays in January.