Revision in transaction charges of NCDEX

Commodities
1

The following revised transaction charges on Futures contracts will be applicable with effect from March 01, 2018.

Rate Rs. per lakh
“List A” Average Daily Turnover (‘ADTV’) in Futures “List A” commodities
Up to Rs. 50 crore 6.00
On incremental ADTV above Rs. 50 crore and up to Rs.100 crore 5.00
On incremental ADTV above Rs. 100 crore and up to Rs.300 crore 4.00
On incremental ADTV above Rs. 300 crore 3.00

Transaction charges structure for list B commodities: Transaction charges shall be at the flat rate of Rs. 2 per Rs. lakh of trade.

Transaction charges structure for list C commodities: Transaction charges to be levied at a flat rate of Rs 0.10 per Rs. lakh of trade.

Check this circular for more.

4

Since Zerodha is not providing trading commodity on NCDEX , its of no benefit to Zerodha traders :slightly_smiling_face:

5

Exchange charges Rs 600 per crore, STT is Rs 500 per crore, Stamp duty is Rs 300 per crore. GST is Rs 100 per crore. Without brokerage the cost is Rs 1500 per crore or 0.015% :scream:

Beyond crazy this is. NCDEX must definitely be the most expensive exchange to trade on in the world.