Why lower trading fees may not be a game-changer3 min read . Updated: 17 Sep 2012, 08:25 PM IST
Even though NSE's transaction fee change is nominal, there will be some benefit for members.
MCX Stock Exchange (MCX-SX) has given glimpses of its pricing strategy for the equity cash and derivatives segments in the past two weeks. It has settled for membership deposits that are a fraction of those prescribed by the National Stock Exchange (NSE) and has set transaction fees at roughly half those charged by NSE. It’s still not clear if it will incentivize trading members to act as market makers, like BSE Ltd is currently doing for its equity derivatives segment.
Select your Category