EFG HERMES Trading Guide

MARKET INFORMATION

National Stock Exchange (NSE)

http://www.nseindia.com/

Trading Hours	Pre-Open Start Time	09:00 - 09:07:00 Order add / modify / cancel (100% disclosure of qty)
	Pre Open End Time (Random Closure)	09:07:00 - 09:08:00 Random close. Order matching to determine the Open
	Continuous Trading	09:15:00 - 15:30:00
	Post Close To be traded at closing price	15:40:00 - 16:00:00 Closing Price = Vwap of last 30 mins, i.e from 15:00:00-15:30:00
	Break	Nill
Time Zone	GMT +5:30	Trading Days	Monday - Friday
Trading Currency	Indian Rupee (INR)
Main Index	National Stock Exchange (NSE)	www.nseindia.com
	Reuters code	.NSEI
	Bloomberg code	NIFTY INDEX
Exchange Code	Reuters	.NS
	Bloomberg	IN
Trading ID / Trading Requirements	Retail Client UCC Code : CP - Nil	Instituation UCC Code : CP Must
Settlement Cycle	T+1
Current Index Status	MSCIM EM-FTSE
Market Cap	$4.3tn

Average Daily Value Traded

Year	AVG VALUE TRADED
2021	$7.1bn
2022	$7.8bn
2023	$8.7bn

MARKET DYNAMICS

Stock Limit
Up/Down

All Individual securities shall have appropriate price bands up to 20%

Accordingly, the Exchange, as a Surveillance measure, revises the price bands of the securities having fixed price bands to 10% & 5% as the case may be. The said revision is based on the predetermined objective criteria jointly decided by the Exchanges in consultation with SEBI.

Off- Market
Crosses

Not Applicable

Crosses

2 Block Window sessions:
1. 08:45:00 - 08:59:59
Reference price +/- 1% from previous day’s close
2. 14:05:00 - 14:19:59
Reference price +/- 1% of VWAP of stock from 09:00- 14:00 hrs.
*Minimum order value >INR 100 MLN
*Mandatory public disclosure of traded entities.
* Off-Mkt : N.A

Official
Closing Price

Last 30 Min VWAP, i.e from 15:00:00 15:30:00 for stocks in cash segment. F&O stocks to be physically settled on last Thursday of the month as per it’s underlying close.

Static
Threshold

Not applicable

Board Lots

Cash Segment :
1 Share except for SME stocks, where the exchange defines the board lot.
F&O Segment :155 stocks in the universe as of now with exchange-defined lot size having
minimum value of approx INR
0.50MLN.

Tick Size

Normal stocks - 0.05 INR ETF - 0.01 INR F&O Stocks : 0.05 INR

MARKET REGULATIONS

Foreign Ownership Restrictions

Widely applicable on variety of names. Please contact for further detail.

Disclosure Rules

Any entity buying or selling greater than 0.50% of the company in a day through a
single exchange gets disclosed by the exchange EOD. Also, any ownership above
1% in a single entity gets disclosed by exchange.

Securities Lending

Permitted in limited stocks

Short selling

Only allowed in the FnO segment

Crossing Restrictions

None.

Timeline for New NIN Setup

Depends on Various factors.

MARKET FEES & TAXES

NSE- EQUITY
Charges	Percentage	Levied On
GST	18.00%	Brokerage
Transaction Charges	0.00325%	Turnover
Stamp Duty Buy	0.015%	Turnover
Stamp Duty Sell	0.000%	Turnover
Stamp Duty Intraday	0.003%	Turnover
Sebi Tax	0.00010%	Turnover
STT	0.10%	Turnover

BSE EQUITY
Charges	Percentage	Levied On
GST	18.00%	Brokerage
Transaction Charges	0.00275%	Turnover
Stamp Duty Buy	0.015%	Turnover
Stamp Duty Sell	0.000%	Turnover
Stamp Duty Intraday	0.003%	Turnover
Sebi Tax	0.00010%	Turnover
STT	0.10%	Turnover