IEX: Incentive Scheme for REC Market
Keeping in view, various factors like demand & supply situation and desired support to members, Exchange has decided to offer its members the following scheme on cleared REC buy volume: Non-solar REC: Proprietary members: Transaction fee of Rs 10/REC i.e. effective Incentive of Rs 10/REC. Professional & Traders members: Transaction fee of Rs 20/REC. IEX will pay incentive of Rs 10/REC separately to the members. Solar REC: Proprietary members: No transaction fee Professional & Traders members: Transaction fee of Rs 20/REC. IEX will pay incentive of Rs 20/REC separately to the members. This scheme is valid for the REC trades in June 2018.
