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Deal In Equities? Know the Transaction Charges Post the BSE Revision

Top stock exchange BSE has decided to revise the transaction charges for trading in equities, with lower volumes attracting higher fees, from August 1. The exchange has introduced a new slab-based structure for levy of transaction fees for securities traded under group A, B and other non-exclusive scrips.

BSE would charge transaction fees of Rs 1.5 per trade for trade volumes of up to one lakh. So far, volumes of up to 5 lakh attracted a fee of only Re 1 per trade. Under the new slab structure, the transaction charges range from Rs 0.50 – 1.5 per trade.

BSE was levying transaction fees from Rs 1 per trade to as low as Rs 0.30 for different slabs, since April 1, 2017.

Trading members of the BSE would now have to pay Rs 1.5 per trade for monthly trades between 0 – 1,00,000 and Rs 1.25 for 1,00,001 – 3,00,000 number of transactions.

Further, Re 1 per trade would be charged from the trading members for a monthly trade count of 3,00,001 – 5,00,000 while volumes between 5,00,001 – 20,00,000 would attract Rs 0.75 per trade as transaction fees. Trading members would have to shell out Rs 0.50 for monthly trades exceeding 20 lakh.

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