The board of the exchange, which met here recently, also approved the Mission Activation Plan and has also taken a decision to revive the interest of brokers by offering the above package of facilities. Talking to The Financial Express, OTCEI managing director Praveen Mohnot said: "The entire member dealer strength (around 900) of OTCEI will become active again and the exchange is all poised to bring back the required traffic (volumes)."

There was also impediment on sale or transfer of OTCEI card. The board has also offered a package of special concession and relaxation in the transfer process by deciding to go with a flat transfer fee of Rs 10,000 as against the existing differential fee structure. The board also approved the 50 per cent reduction in the exchange turnover fee for members. With the removal of the impediments, the exchange has now prepared the basic guidelines to carry on with retail trade of debentures.