Liquidity Enhancement Scheme
With an objective to invite participation and benefit all participants across various
segments of the Capital Market, MSEI has introduced a Liquidity Enhancement Scheme
(LES) in its Equity and Equity Derivatives segments.
Growth and Inclusion, the philosophy adopted by MSEI for wholesome development
of India’s Capital Markets, is engrained in the Scheme, which will benefit smallest
of retail participants to largest of institutions and also jobbers, dealers and
members. MSEI is the first national exchange to offer incentives for liquidity
enhancement in Equity Cash Market.
| Type |
Description |
 |
Liquidity Enhancement Scheme FAQs |
|
Liquidity Enhancement Scheme Leaflet |
| Applicable Spread Obligation |
Segment |
 |
Cash - Spreads Secondary (w. e. f Mar 3, 2014) |
|
Cash – Spreads Primary (w.e.f Dec 6 2013) |
|
Cash – Spreads Secondary (w.e.f Dec 6 2013) |
|
Futures – Spreads Primary (w.e.f Dec 6 2013) |
|
Futures – Spreads Secondary (w.e.f Dec 6 2013) |
| Date |
Circular No. |
Title |
| November 21, 2013 |
1600 |
Inclusion / Exclusion of Securities in LES |
| November 01, 2013 |
1559 |
Clarification on LES in Muhurat Trading - November 3, 2013 |
| October 25, 2013 |
1545 |
Liquidity Enhancement Scheme (SX-LES) |
| September 16, 2013 |
1453 |
Revision in Liquidity Enhancement Scheme (SX-LES-SX40) |
| August 31, 2013 |
1415 |
Clarification on SX-LES Presence and UCC Condition |
| July 17, 2013 |
1324 |
Revision in Liquidity Enhancement Scheme (SX-LES) |
| May 15, 2013 |
1251 |
Revision-Liquidity Enhancement Scheme (LES) |
| May 15, 2013 |
1185 |
Revision in Liquidity Enhancement Scheme in SX40 Derivatives (SX-LES-SX40) |
| May 15, 2013 |
1184 |
Revision - MSEI’s Liquidity Enhancement Scheme in Equity Derivatives Segment (SX-LES-EDS) |
| April 30, 2013 |
1154 |
MSEI's Liquidity Enhancement Scheme - Additional Incentives for ECM and EDS (SX- LES-AI) |
| April 27, 2013 |
1145 |
MSEI's Liquidity Enhancement Scheme in Equity Derivatives Segment (SX 40-Options) |
| April 4, 2013 |
1099 |
MSEI's Liquidity Enhancement Scheme in Equity Capital Market (SX-LES-ECM) |
| April 3, 2013 |
1095 |
MSEI's Liquidity Enhancement Scheme in Equity Derivatives Segment (SX-LES-EDS) |
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