Thursday, January 1, 2015

RKSV Transaction Charges Reduced for EQ options and Commodities

RKSV, India's most popular discount broker with over 20,000 customers has reduced the transaction charges for NSE Options and MCX Futures.  

The NSE Options transaction fees is reduced from Rs 5900/Crore to Rs 5500/Crore.

The MCX Futures transaction fees is reduced  from Rs. 360/Crore to Rs. 260/Crore.

Know more about Transaction Changes is among the highest individual of overall brokerage charges. Transaction change is combination of exchange turnover charges + clearing charges.

RKSV also decided to separate the transaction changes in to two separate charges in contract note sent to customer. The new contract note will have separate row for Exchange Turnover Charges and Clearing Charges.