The Bombay Stock Exchange (BSE) on December 30, 2025, issued the notification regarding the Update on the Introduction of Trading Member (TM) Level Daily Free Order Message Threshold in the Equity Cash Segment.
The following has been stated namely: -
• A new end-of-day file will be introduced in the Equity Cash Segment showing member-wise order count and applicable charges for breaches of the daily TM-level free order message threshold.
• Order count data will be available from January 01, 2026, while charges (if any) for threshold breaches will be included from January 15, 2026 onward.
• Trading members and back-office vendors are requested to refer to the Annexure for file details (name, format, sample) and make necessary system changes.
[Notification No. 20251230-31]
