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<!doctype html><html><head><title>Impact of revision in Exchange Transaction Charges and STT - Nithin Kamath's personal homepage</title><meta charset=utf-8><meta name=title content="Nithin Kamath's personal homepage"><meta name=description content="Equity delivery will continue to be free at Zerodha. As of now, we are not making any changes to our brokerage..."><meta name=viewport content="width=device-width,initial-scale=1"><meta property="og:title" content="Impact of revision in Exchange Transaction Charges and STT - Nithin Kamath's personal homepage"><meta property="og:description" content="Equity delivery will continue to be free at Zerodha. As of now, we are not making any changes to our brokerage..."><meta property="og:type" content="website"><meta property="og:url" content="https://nithinkamath.me/blog/impact-of-revision-in-exchange-transaction-charges-and-stt/"><link rel="shortcut icon" href=https://nithinkamath.me/static/images/favicon.png><meta property="og:image" content="https://nithinkamath.me/static/images/thumb.jpg"><link rel=preconnect href=https://fonts.gstatic.com><link href="https://fonts.googleapis.com/css2?family=Inter&display=swap" rel=stylesheet><link rel=stylesheet type=text/css media=screen href=https://nithinkamath.me/static/style.css></head><body><section class="container wrap"><div class=header><div class=logo><a href=https://nithinkamath.me/><img src=https://nithinkamath.me/static/images/nithin.jpg alt class=photo></a> | ||
<a href=https://nithinkamath.me/><img alt="Nithin Kamath's personal homepage" src=https://nithinkamath.me/static/images/logo.svg></a><p class=tagline>Musings on finance, business, and life</p></div><nav class=nav><a class=active href=/>Home</a> | ||
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<a href=https://nithinkamath.me/index.xml><img src=https://nithinkamath.me/static/images/feed.svg alt="Subscribe to feed"></a></nav></div><div class=content><div class="post single"><div class=post-header><h3 class=title>Impact of revision in Exchange Transaction Charges and STT</h3><div class=date>01 Sep 2024</div></div><div class=body><p>quity delivery will continue to be free at <a href=https://x.com/zerodhaonline>@zerodhaonline</a>. As of now, we are not making any changes to our brokerage.</p><p>From today, Oct 1, 2024,</p><p>For options: STT increases to 0.1% from 0.0625%, and transaction charge decreases to 0.035% from 0.0495%.</p><p>This results in the cost of trades seeing a net increase of 0.02303% or Rs 2303 per crore of premium on the selling side on NSE and of 0.0205% or Rs 2050 per crore on BSE.</p><p>For futures: STT increases to 0.02% from 0.0125%, and transaction charge decreases to 0.00173% from 0.00183%.</p><p>This results in a net increase of 0.00735% or Rs 735 per crore of futures turnover on the selling side.</p><p>You can check out our brokerage calculator to see the new charges.</p><p>Since STT is charged on the entire contract value for futures, whereas in options, it is charged only on the premium, the impact will be much larger for futures traders.</p><p>Link to the earlier post <a href=https://zerodha.com/z-connect/business-updates/sebis-true-to-label-circular>explaining SEBI’s true to the label circular</a>.</p><p><a href=https://x.com/Nithin0dha/status/1841012913202741729 rel="noopener noreferrer">Go to link →</a></p></div><div class=tags><ul class=flat><li><a href=/tags/business>business</a></li><li><a href=/tags/trading>trading</a></li></ul></div></div></div></div></section><footer class=footer>Nithin Kamath © 2021 | ||
<a href=https://nithinkamath.me/index.xml><img src=https://nithinkamath.me/static/images/feed.svg alt="Subscribe to feed"></a></nav></div><div class=content><div class="post single"><div class=post-header><h3 class=title>Impact of revision in Exchange Transaction Charges and STT</h3><div class=date>01 Oct 2024</div></div><div class=body><p>Equity delivery will continue to be free at <a href=https://x.com/zerodhaonline>@zerodhaonline</a>. As of now, we are not making any changes to our brokerage.</p><p>From today, Oct 1, 2024,</p><p>For options: STT increases to 0.1% from 0.0625%, and transaction charge decreases to 0.035% from 0.0495%.</p><p>This results in the cost of trades seeing a net increase of 0.02303% or Rs 2303 per crore of premium on the selling side on NSE and of 0.0205% or Rs 2050 per crore on BSE.</p><p>For futures: STT increases to 0.02% from 0.0125%, and transaction charge decreases to 0.00173% from 0.00183%.</p><p>This results in a net increase of 0.00735% or Rs 735 per crore of futures turnover on the selling side.</p><p>You can check out our brokerage calculator to see the new charges.</p><p>Since STT is charged on the entire contract value for futures, whereas in options, it is charged only on the premium, the impact will be much larger for futures traders.</p><p>Link to the earlier post <a href=https://zerodha.com/z-connect/business-updates/sebis-true-to-label-circular>explaining SEBI’s true to the label circular</a>.</p><p><a href=https://x.com/Nithin0dha/status/1841012913202741729 rel="noopener noreferrer">Go to link →</a></p></div><div class=tags><ul class=flat><li><a href=/tags/business>business</a></li><li><a href=/tags/trading>trading</a></li></ul></div></div></div></div></section><footer class=footer>Nithin Kamath © 2021 | ||
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