Friday, September 25, 2009

NSE: additional fees for 'Algo Trading Systems'

NSE has imposed an additional fees for 'Algo Trading Systems' : if the ratio of trade:Order increase from 1:100 then there is charge applicable as follows:

No charge for 1:100

One paise from 1:101 to 1:200

Two paise from 1:201 to 300

Three Paise from 1:301 to 1:400

It will increase for every 100 order.

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