The key highlights of the revised tariff plan are as follows:
1. A single tariff plan based on number of terminals per user per segment shall be applicable from July 01, 2017. Tariff plan details are provided in Annexure 1.
2. All customers who access NSE as well Non-NSE segments (except MSEI & ICEX) shall be charged as per the proposed Tariff provided in Annexure 1.
3. Investor clients who access the application exclusively through NOW WEB platforms: www.nowonline.in and www.now-online.in, throughout the billing month, will be given free access and not be charged.
4. NOW billing will continue to be on a monthly basis and customers are requested to make the payment within 10 days of the billing date in order to avoid discontinuation of access to NOW terminal.
Further, in order to reduce the impact on dealer / investor client, it has been decided to offer a flat discount of 50% on NOW billing for a period of 9 months from July 01, 2017 to March 31, 2018.
NOW Tariff (Effective Julv 01. 2017)
No. of Terminals Charges per terminal per exchange segment/month
0-5 Rs. 300" per terminal
6-25 Rs.1500 + Rs.275 per incremental terminal over 5 terminals
26 - 100 Rs.7000 + Rs. 225 per incremental terminal over 25 terminals
101 -250 Rs.23875 + Rs.175 per incremental terminal over 100terminals
251 - 500 Rs.50125 + Rs.125 per incremental terminal over 250terminals
501 - 1000 Rs.81375 + Rs. 50 per incremental terminal over 500terminals
>1 001 Rs.106375 + Rs 10 per incremental terminal over 1000terminals
Background :
NOW was launched in July 2008 and provides access to multiple stock exchange segments namely NSE CM, NSE F&O, NSE CDS, NSE SLBM, NSE OFS, BSE Cash, BSE F&O, BSE CDS, MSE CD, MSE CM, MSE FO and commodity exchanges namely, NCDEX, MCX (proposed to be available on NOW from June 2017) and ICEX (shall be available as and when the exchange goes live).
Over the period, NOW has gained popularity with dealers who access the platform through EXE and WEB and investor clients who access the platform through EXE, WEB and Mobile (across Android, IOS, Windows, Blackberry).
Currently, the customers of DotEx are charged only for accessing Non-NSE segments on NOW based on the tariff structure announced in 2012. Over the period, DotEx has scaled up its capacity in all the areas of its operations (hardware, software, Internet bandwidth etc.) to enhance the user experience of NOW
Further, DotEx has been on-boarding additional Indian exchanges on NOW to provide a single trading platform to its customers. DotEx has regularly added features/functionalities on NOW (Annexure 2) and is in the process of providing additional value added features/functionalities (Annexure 3) to make NOW the most preferred application for trading in Indian markets.
All the above mentioned facilities/functionalities have been provided on NOW to its customers without any price revisions since 2012. Considering the above, it has been decided to revise the tariff with effect from July 01, 2017.
1. A single tariff plan based on number of terminals per user per segment shall be applicable from July 01, 2017. Tariff plan details are provided in Annexure 1.
2. All customers who access NSE as well Non-NSE segments (except MSEI & ICEX) shall be charged as per the proposed Tariff provided in Annexure 1.
3. Investor clients who access the application exclusively through NOW WEB platforms: www.nowonline.in and www.now-online.in, throughout the billing month, will be given free access and not be charged.
4. NOW billing will continue to be on a monthly basis and customers are requested to make the payment within 10 days of the billing date in order to avoid discontinuation of access to NOW terminal.
Further, in order to reduce the impact on dealer / investor client, it has been decided to offer a flat discount of 50% on NOW billing for a period of 9 months from July 01, 2017 to March 31, 2018.
NOW Tariff (Effective Julv 01. 2017)
No. of Terminals Charges per terminal per exchange segment/month
0-5 Rs. 300" per terminal
6-25 Rs.1500 + Rs.275 per incremental terminal over 5 terminals
26 - 100 Rs.7000 + Rs. 225 per incremental terminal over 25 terminals
101 -250 Rs.23875 + Rs.175 per incremental terminal over 100terminals
251 - 500 Rs.50125 + Rs.125 per incremental terminal over 250
501 - 1000 Rs.81375 + Rs. 50 per incremental terminal over 500
>1 001 Rs.106375 + Rs 10 per incremental terminal over 1000
Background :
NOW was launched in July 2008 and provides access to multiple stock exchange segments namely NSE CM, NSE F&O, NSE CDS, NSE SLBM, NSE OFS, BSE Cash, BSE F&O, BSE CDS, MSE CD, MSE CM, MSE FO and commodity exchanges namely, NCDEX, MCX (proposed to be available on NOW from June 2017) and ICEX (shall be available as and when the exchange goes live).
Over the period, NOW has gained popularity with dealers who access the platform through EXE and WEB and investor clients who access the platform through EXE, WEB and Mobile (across Android, IOS, Windows, Blackberry).
Currently, the customers of DotEx are charged only for accessing Non-NSE segments on NOW based on the tariff structure announced in 2012. Over the period, DotEx has scaled up its capacity in all the areas of its operations (hardware, software, Internet bandwidth etc.) to enhance the user experience of NOW
Further, DotEx has been on-boarding additional Indian exchanges on NOW to provide a single trading platform to its customers. DotEx has regularly added features/functionalities on NOW (Annexure 2) and is in the process of providing additional value added features/functionalities (Annexure 3) to make NOW the most preferred application for trading in Indian markets.
All the above mentioned facilities/functionalities have been provided on NOW to its customers without any price revisions since 2012. Considering the above, it has been decided to revise the tariff with effect from July 01, 2017.
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