The Bombay Stock Exchange (BSE) on April 06, 2026, issued an update regarding the revision of the Order-to-Trade Ratio (OTR) framework.
The following has been stated: -
•SEBI has revised the OTR framework, effective April 06, 2026, for the equity derivatives options segment.
•Orders within ±40% of LTP (premium) or ±₹20 (whichever is higher) are now exempt from OTR penalty calculation.
•The earlier exemption was limited to orders within 0.75% of LTP, which has now been expanded.
•No changes have been made to the equity segment or equity derivatives futures segment.
•Existing penalties and provisions under previous exchange notices will continue unchanged.
[Notification No.: 20260406-8]
