BSE has increased throttle fees significantly for high-frequency traders and brokers, limiting them to 40 messages per second for free.
Trading members will now be charged varying amounts for additional message blocks, starting from ₹50,000 for 100 MPS annually.
The new fee structure will impact mid to large brokers, algo traders, and HFTs, making algorithmic trading more expensive.
The revised charges stem from SEBI's efforts to level transaction fees and curb volume-based rebates, impacting smaller players more than larger, bank-backed brokers.