IEX: Incentive Scheme for REC Market

Keeping in view, various factors like demand & supply situation and desired support to members, Exchange has decided to offer its members the following scheme on cleared REC buy volume: Non-solar REC:  Proprietary members: Transaction fee of Rs 10/REC i.e. effective Incentive of Rs 10/REC.  Professional & Traders members: Transaction fee of Rs 20/REC. IEX will pay incentive of Rs 10/REC separately to the members. Solar REC:  Proprietary members: No transaction fee  Professional & Traders members: Transaction fee of Rs 20/REC. IEX will pay incentive of Rs 20/REC separately to the members. This scheme is valid for the REC trades in June 2018.

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