Financial Daily from THE HINDU group of publications
Thursday, Jun 06, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Markets - Stock Exchanges


CSE revises transaction rates in demat

Our Bureau

KOLKATA, June 5

THE Calcutta Stock Exchange has announced changes in transaction charges for the demat rolling segment. It has informed the members that trade in the segment up to Rs 2 crore would involve a charge of 0.005 per cent.

The rates for trades in the Rs 2-5 crore range would be 0.004 per cent, while that above Rs 5 crore would be 0.0025 per cent, the CSE said in a communication to brokers.

For trades in the physical segment (trade-to-trade basis) up to Rs 20 crore, this would be 0.009 per cent. For trades more than this amount but not more than Rs 60 crore, this would be 0.008 per cent and for over Rs 60 crore 0.007 per cent.

The changes are a result of a decision taken by the committee of the exchange at a meeting held last month, it has been mentioned. The changed rates have already come into effect.

The exchange, meanwhile, has also clarified that the latest inspection of members' books and records has been taken up under the direction of the securities regulator.

Send this article to Friends by E-Mail

Stories in this Section
Bayer CropScience open offer for Aventis at Rs 157


Canbank Invest plans to launch index-linked funds
Bull domination
CSE revises transaction rates in demat
BEL rings louder on higher defence spending hopes
Small investors are `back in action'
Wimco in MF buy list
LIC sells 5.24 pc in Abbott Lab
Sell Digital GlobalSoft June 690 call
Heavyweights lift Sensex; select PSUs decline
No certainty over Inmarsat, Intelsat IPOs: VSNL
Ketan Parekh released


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line