INSUBCONTINENT EXCLUSIVE:
MUMBAI: To encourage wider participation from retail investors, stock exchange BSE on Friday said it will launch incentive scheme for
trading members in non- competitive bidding of G-sec (government security) and T-bills (treasury bills) with effect from November 19.
The
scheme would be launched initially for six months and would be based on the total value collected and number of unique clients introduced by
trading members in a month.
BSE had launched non-competitive bidding in G-sec and T-bills from April 24 after taking necessary approvals
from Sebi and RBI for collecting bids from retail investors.
