Shares of stock exchange BSE Ltd crashed 19 per cent in Monday’s trade after the market regulator Sebi asked it to pay regulatory fee on annual turnover fee considering ‘notional value’ in the case of option contracts. Sebi said BSE has been paying regulatory fee on annual turnover, considering only the premium value for option …
In a letter issued on Friday, Sebi said that BSE is liable to pay total regulatory fees, along with 15% interest, based on annual turnover, considering the “notional value” of its options contracts. Notional turnover refers to the total strike price of each contract traded in derivatives, while premium turnover is the total premium paid …
This truncated week will mark the monthly F&O series expiry for November. The Nifty 50 has rallied 950 points this series, even though it is stuck in a 200-point range over the last two weeks. Even as the index remains rangebound, the broader markets have been outperformers in November, as the Midcap index has gained …