Moscow Exchange Bond & Equity Market Introduces New Fees
The Moscow Exchange Bond & Equity Market has introduced new fees, which will take effect from 1 June 2015.
Fee package parameters for equities will change. Specifically, the flat rate will be reduced, while the volume-based variable fee component will increase for fee packages 3, 3а, 4, 4а, 5, and 5а. The revised fees will allow market participants to select the most appropriate option to operate on the Equity Market, and they will also help to increase market liquidity.
The Bond Market will introduce a new fee structure for sovereign bond (OFZs) trades, including reduced rates on the main market, and separate fees for trades based on active and passive orders (maker/taker). Reduced fees will also apply for large-scale bond placements.
New fees will be applied for OFZ trades with Т+1 settlement as well as block trades. Clients will have an opportunity to choose the optimum tariff plan to suit their trading patterns.
Traders that intend to change their fee packages for the equity or OFZ markets should apply no later than by 29 May 2015 18:00 MSK.
For further information, please contact the Public Relations Department at (495) 363-3232.