Wednesday, December 17, 2014

It was commendable for the exchange to reduce the exchange fee on FkLI futures trade, in an effort to revive a dying contract. The objective was to increase local participation which had dropped to <20 25-30.="" br="" from="" of="" traded="" volume="">
However there are still measures to improve this further, if the exchange is willing to listen.

1 They still discriminate against the smaller traders with the quota. Best to trade everybody on same level playing field in 'day trade'. Give the local concessions on day trade to everyone, irrespective of monthly volume.

2 If you want to discriminate, you  can keep the scratch trade concession.

Will they listen? Maybe need a Board meeting to be scheduled.

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