Nse now revised tariff charges from 1st july 2017

MewarLion

Active Member
#1
The key highlights of the revised tariff plan are as follows:

1. A single tariff plan based on number of terminals per user per segment shall be applicable from July 01, 2017. Tariff plan details are provided in Annexure 1.
2. All customers who access NSE as well Non-NSE segments (except MSEI & ICEX) shall be charged as per the proposed Tariff provided in Annexure 1.
3. Investor clients who access the application exclusively through NOW WEB platforms: www.nowonline.in and www.now-online.in, throughout the billing month, will be given free access and not be charged.
4. NOW billing will continue to be on a monthly basis and customers are requested to make the payment within 10 days of the billing date in order to avoid discontinuation of access to NOW terminal.
Further, in order to reduce the impact on dealer / investor client, it has been decided to offer a flat discount of 50% on NOW billing for a period of 9 months from July 01, 2017 to March 31, 2018.

NOW Tariff (Effective Julv 01. 2017)

No. of Terminals Charges per terminal per exchange segment/month
0-5 Rs. 300" per terminal
6-25 Rs.1500 + Rs.275 per incremental terminal over 5 terminals
26 - 100 Rs.7000 + Rs. 225 per incremental terminal over 25 terminals
101 -250 Rs.23875 + Rs.175 per incremental terminal over 100terminals
251 - 500 Rs.50125 + Rs.125 per incremental terminal over 250
terminals
501 - 1000 Rs.81375 + Rs. 50 per incremental terminal over 500
terminals
>1 001 Rs.106375 + Rs 10 per incremental terminal over 1000
terminals



Background :

NOW was launched in July 2008 and provides access to multiple stock exchange segments namely NSE CM, NSE F&O, NSE CDS, NSE SLBM, NSE OFS, BSE Cash, BSE F&O, BSE CDS, MSE CD, MSE CM, MSE FO and commodity exchanges namely, NCDEX, MCX (proposed to be available on NOW from June 2017) and ICEX (shall be available as and when the exchange goes live).

Over the period, NOW has gained popularity with dealers who access the platform through EXE and WEB and investor clients who access the platform through EXE, WEB and Mobile (across Android, IOS, Windows, Blackberry).

Currently, the customers of DotEx are charged only for accessing Non-NSE segments on NOW based on the tariff structure announced in 2012. Over the period, DotEx has scaled up its capacity in all the areas of its operations (hardware, software, Internet bandwidth etc.) to enhance the user experience of NOW

Further, DotEx has been on-boarding additional Indian exchanges on NOW to provide a single trading platform to its customers. DotEx has regularly added features/functionalities on NOW (Annexure 2) and is in the process of providing additional value added features/functionalities (Annexure 3) to make NOW the most preferred application for trading in Indian markets.

All the above mentioned facilities/functionalities have been provided on NOW to its customers without any price revisions since 2012. Considering the above, it has been decided to revise the tariff with effect from July 01, 2017.
 
Last edited:

headstrong007

----- Full-Time ----- Day-Trader
#2
All brokers may not pass it on their customers. Already finvasia said no charge untill their own terminal launched.
Nest also charged per customer basis, but most brokers don't pass it to the customers...they make up it from Rs 15-20 brokerages.
 

kaly422000

Well-Known Member
#3
many brokers dont charge for old version of odin eg 10.0.2.0 but some broker charge for it around rs 300/month.
sharekhan dont charge for their tradetiger which way ahead from now.

i think from now every broker will start charging for trading terminal.
only web version u can use freely or app:clapping:
 

primitivetrader

Well-Known Member
#4
what about NEST trader ? any idea ?
 
#5
The key highlights of the revised tariff plan are as follows:

1. A single tariff plan based on number of terminals per user per segment shall be applicable from July 01, 2017. Tariff plan details are provided in Annexure 1.
2. All customers who access NSE as well Non-NSE segments (except MSEI & ICEX) shall be charged as per the proposed Tariff provided in Annexure 1.
3. Investor clients who access the application exclusively through NOW WEB platforms: www.nowonline.in and www.now-online.in, throughout the billing month, will be given free access and not be charged.
4. NOW billing will continue to be on a monthly basis and customers are requested to make the payment within 10 days of the billing date in order to avoid discontinuation of access to NOW terminal.
Further, in order to reduce the impact on dealer / investor client, it has been decided to offer a flat discount of 50% on NOW billing for a period of 9 months from July 01, 2017 to March 31, 2018.

NOW Tariff (Effective Julv 01. 2017)

No. of Terminals Charges per terminal per exchange segment/month
0-5 Rs. 300" per terminal
6-25 Rs.1500 + Rs.275 per incremental terminal over 5 terminals
26 - 100 Rs.7000 + Rs. 225 per incremental terminal over 25 terminals
101 -250 Rs.23875 + Rs.175 per incremental terminal over 100terminals
251 - 500 Rs.50125 + Rs.125 per incremental terminal over 250
terminals
501 - 1000 Rs.81375 + Rs. 50 per incremental terminal over 500
terminals
>1 001 Rs.106375 + Rs 10 per incremental terminal over 1000
terminals



Background :

NOW was launched in July 2008 and provides access to multiple stock exchange segments namely NSE CM, NSE F&O, NSE CDS, NSE SLBM, NSE OFS, BSE Cash, BSE F&O, BSE CDS, MSE CD, MSE CM, MSE FO and commodity exchanges namely, NCDEX, MCX (proposed to be available on NOW from June 2017) and ICEX (shall be available as and when the exchange goes live).

Over the period, NOW has gained popularity with dealers who access the platform through EXE and WEB and investor clients who access the platform through EXE, WEB and Mobile (across Android, IOS, Windows, Blackberry).

Currently, the customers of DotEx are charged only for accessing Non-NSE segments on NOW based on the tariff structure announced in 2012. Over the period, DotEx has scaled up its capacity in all the areas of its operations (hardware, software, Internet bandwidth etc.) to enhance the user experience of NOW

Further, DotEx has been on-boarding additional Indian exchanges on NOW to provide a single trading platform to its customers. DotEx has regularly added features/functionalities on NOW (Annexure 2) and is in the process of providing additional value added features/functionalities (Annexure 3) to make NOW the most preferred application for trading in Indian markets.

All the above mentioned facilities/functionalities have been provided on NOW to its customers without any price revisions since 2012. Considering the above, it has been decided to revise the tariff with effect from July 01, 2017.
Thank you for the info.
 
#9
okay,
IF you are right (though not likely to be)
then
why not have fun till then :D
 

MewarLion

Active Member
#10
NOW Mobile and NOW Desktop will be chargeable . NOW Web will be free.

To reduce wastage / leakage , Client may request their Broker to remove segment in which they are not placing order , as NOW is chargeable per segment , per month per Client.

E.g Client having NSE Cash , NSE F&O , BSE Cash , BSe Currency four segment , Broker will have to pay Rs 1200 per month for this Client even if client has logged in just once.

Stock Broker may not charge their client giving Brokerage above certain amount say Rs 2000 in above case , where Broker is able to recover cost and some margin for his running expenses.

It would not be free for those client who are not giving enough revenue.
 

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