Shares of the Bombay Stock Exchange (BSE) surged by 13% to a yearly high of Rs 1,789.90 on the National Stock Exchange (NSE) today, following the announcement of an increase in transaction fees for equity derivatives such as Sensex options and Bankex contracts. The new charges, set to take effect from November 1, will start at Rs 500 for turnovers up to Rs 3 crore and will rise incrementally for higher turnovers.
This development comes after BSE’s successful re-entry into the derivatives segment, which has led to a significant expansion in its client base. Since June 2023, BSE has seen its client base grow to 400,000 and now accounts for approximately 40% of NSE’s Nifty derivatives volume.
HDFC Securities noted BSE’s impressive market share growth, reaching a notional/premium market share of about 9/3 percent. This information was also made available on the ETMarkets WhatsApp channel.
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