The Bombay Stock Exchange (BSE) vide circular dated August 17, 2022 has issued Clarification on the Brokerage, Statutory & Regulatory Levies. It is clarified that the maximum brokerage on options contracts shall not exceed 2.5% of the premium amount of Rs. 100/- (per lot) whichever is higher. The trading members can charge brokerage for option contracts only on the premium amount at which the option contract was bought or sold and not on the strike price of the option contract.
These conditions are applicable to the Futures & Options segment as well as the Currency Derivatives Segment.
