Cash Equities Fees
Tariffs valid to 01.11.2022 Tariffs effective from 01.11.2022
Trades in stocks, depository receipts, ETF shares, mortgage certificates, and other securities
The fees below are applicable to all trading modes except block trades (dark pools):
| Moscow Exchange, trading fee not subject to VAT |
National Clearing Centre clearing fee, not subject to VAT |
Total fee | |
|---|---|---|---|
| Fee package 1 | |||
| Flat rate (RUB) | No | No | No |
| Variable rate | 0,00575% | 0,00425% | 0,01% |
| Fee package 2 | |||
| Flat rate (RUB) | 14 375 | 10 625 | 25 000 |
| Variable rate | 0,0053475% | 0,0039525% | 0,0093% |
| Fee package 3 | |||
| Flat rate (RUB) | 143 750 | 106 250 | 250 000 |
| Variable rate | 0,0050025% | 0,0036975% | 0,0087% |
| Fee package 4 | |||
| Flat rate (RUB) | 258 750 | 191 250 | 450 000 |
| Variable rate | 0,0047725% | 0,0035275% | 0,0083% |
| Fee package 5 | |||
| Flat rate (RUB) | 460 000 | 340 000 | 800 000 |
| Variable rate | 0,0046% | 0,0034% | 0,0080% |
The trading member subscribes to or changes the fee package via an application submitted to National Clearing Center no fewer than five business days before the start of the calendar month in which application of the fee package begins.
The flat rate is paid on the first trading day of each calendar month regardless of whether orders were submitted or trades were executed and/or settled.
The variable rate is charged on the trade amount on the trade date at a minimum of RUB 0.01.
Iceberg orders additional fee
Limit on iceberg orders have an extra charge of 0,0025% of the trade amount. Extra charge applied by Moscow Exchange.
MOC and LOC orders on Closing auction additional fee
Limit on order types "Market-on-close" (MOC) and "Limit-on-close"(LOC) on Closing auction have an extra charge of 0,0025% of the trade amount. Extra charge applied by Moscow Exchange.
Market orders on Opening auction additional fee
Limit on Market orders on Opening auction have an extra charge of 0,0025% of the trade amount. Extra charge applied by Moscow Exchange.
The total fee for block trades in stocks (dark pool) amounts to 0.01% of trade value
Total fee
| Moscow Exchange trading fee, not subject to VAT |
National Clearing Centre clearing fee, not subject to VAT |
Total fee |
|---|---|---|
| 0,006% of trade value | 0,004% of trade value | 0,01% of trade value |
Tariff preferences for client positions rollover
Fees for trades serving to roll over client positions voluntary are as follows: a total of RUB 0.35 per trade (regardless of its value) for negotiated trades and negotiated trades with the CCP.
The above fees are applied to cross agency trades in shares and DRs representing shares (not in bonds) from 9:30 am - 10:00 am MSK and from 6:45 pm - 7:00 pm MSK.
Please pay your attention to the fact that for the rollover trade broker would need 2 orders (from each counterparty on one order). Lower fees apply for orders submitted in the abovementioned time frames. If one order was submitted earlier/later than during that period standard tariff rates would apply.