Description
BSE charges trading members Rs 100 per day per terminal for orders placed from unregistered or incorrectly registered terminal locations during July 2025.
Summary
BSE has imposed charges of Rs 100 per day per terminal for trading members who placed orders from unregistered or incorrectly registered IML/BOLT TWS/BOLT PLUS terminal locations during July 2025. The charges file (LCS0725.xxxx) has been made available through Extranet and will be debited to members’ General Charges Account.
Key Points
- Charges of Rs 100 per day per terminal apply for orders from unregistered locations
- Charges file for July 2025 available as LCS0725.xxxx in EQUITY TRANSACTION FOLDER
- Daily location files (LCddmmyy.xxxx) provided through Extranet showing non-compliant terminals
- Charges will be debited to General Charges Account
- References multiple previous notices dating back to 2007
Regulatory Changes
No new regulatory changes - enforcement of existing terminal registration requirements established in previous notices from 2007, 2013, and 2018.
Compliance Requirements
- Upload IML/BOLT TWS/BOLT PLUS terminal location details before placing orders
- Ensure all terminals are properly registered with the Exchange
- Monitor daily location compliance files from Extranet
- Pay applicable charges for non-compliance
Important Dates
- July 2025: Period for which charges are being levied
- August 11, 2025: Charges file made available
- Ongoing: Daily compliance monitoring through location files
Impact Assessment
Financial impact on trading members who failed to maintain proper terminal registration during July 2025. Enforcement action reinforces BSE’s requirement for accurate terminal location tracking to maintain market integrity and regulatory oversight.
Impact Justification
Recurring compliance requirement with financial penalties for trading members