BSE WAIVES TRANSACTION CHARGES

BSE has announced the waiver of all transaction charges for brokers from semi-urban areas with effect from next month. The move is a part of the BSE's efforts to attract more business from brokers operating from areas other than big cities like Mumbai, Delhi and Ahmadabad. In a circular to its members, the BSE said that transaction charges accruing to BSE, equivalent to annual connectivity costs of the members pertaining to BSE, will be waived off for semi-urban areas with effect from March 1.