What are the brokerage charges for Derivatives – Futures & Options?
Futures Options Total Eligible Turnover per month Brokerage (%) Total Eligible Premium Value per month Flat Brokerage per contract lot (Rs.) Above Rs. 20 Crores 0.03% Above Rs. 20 lacs 70 Rs.10 Crores to Rs. 20 Crores 0.035% Rs. 10 lacs to Rs. 20 lacs 75 Rs. 5 Crores to Rs. 10 Crores 0.04% Rs. 5 lacs to Rs. 10 lacs 85 Less than Rs. 5 Crores 0.05% Less than Rs. 5 Lac 95 The Futures and Options transactions will be charged at a brokerage rate of 0.05% and Rs. 95/- respectively for the first month. The brokerage rates will be applicable for the next month depending on the turnover done in the current month E.g. For the month of Aug 2008, brokerage rate will be dependent on the turnover done in the month of July 2008 as seen in the table below: Month Total Eligible Futures Turnover (Rs. Crore) Brokerage % Total Eligible Options Premium value (Rs. Lacs) Flat Brokerage per contract lot (Rs.) 5th Nov 2008 21.00 0.035% 18.00 70 4th Oct 2008 19.25 0.03% 21.50 85.00 3rd Sept 2008 20.25 0.035% 5.
