Its a good news that Indian exchanges are getting more closure to International Exchanges uniform Transaction cost structure.
NCDEX introduced uniform charges of Rs.3.00 per lac of value of all trades in all commodities from 10.00 a.m. to 3.30 p.m. and of Rs.0.05 per lac of value of all trades in all commodities after 3.30 p.m. till end of trading.
Hope it will help us in doing evening trade. Lets hope MCX also replies with such Transaction cost reduction to help the Great Indian jobbing segment.
NCDEX introduced uniform charges of Rs.3.00 per lac of value of all trades in all commodities from 10.00 a.m. to 3.30 p.m. and of Rs.0.05 per lac of value of all trades in all commodities after 3.30 p.m. till end of trading.
Hope it will help us in doing evening trade. Lets hope MCX also replies with such Transaction cost reduction to help the Great Indian jobbing segment.