NATIONAL STOCK EXCHANGE OF INDIA LIMITED Download Ref No : NSE/FA/32677

Date : June 29, 2016

Circular Ref. No : 8/2016 To all the Trading Members of the Currency Derivatives Segment Sub: Concession in transaction charges for far month contracts in Currency Derivatives Segment

Based on the review and the market feedback, it has been decided to introduce a concession scheme in the transaction charges for far month contracts in Currency Futures and Currency Options for the period of three months effective from July 1, 2016 to September 30, 2016 as below: Particulars Currency Futures Currency Options

Transaction charges Rs.9.00 per crore of turnover Rs.100.00 per crore of premium turnover

Details of the scheme:  Far month contract is defined as 3rd month and beyond expiry contracts.  On the expiry day of the near month contract, the third month contract will be excluded from the concession scheme. Following is the illustration: The expiry date of the near month June 2016 contract is June 27, 2016. On the expiry day of June 2016 contract , August 2016 contract will be excluded from the concession scheme.  NSE MORE scheme will not be applicable for far month contracts during the above mentioned scheme period. For and on behalf of National Stock Exchange of India Limited

Nagendra Kumar Chief Business Officer

Telephone No 26598142

Fax No 26598394

Email id [email protected] / [email protected]

Regd. Office : Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051

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