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Statutory Fees Update

Statutory Fees Update

TO ALL MARKET PARTICIPANTS,

This is to notify you that statutory fees will be updated to reflect the increase in VAT from 5% to 7.5% effective from February 1st, 2020.

All trades executed on exchanges and services provided by CSCS will be updated thus;

BUYSELL
EXCHANGE (NSE) SEC0.3%
NSE0.3%
NSE VAT7.5%
CSCS0.3%
CSCS VAT7.5%
ALERT#4/TRANSACTION#4/TRANSACTION
VAT ON ALERT7.5%7.5%
STAMP DUTY0.075%0.075%
BROKER CHARGE plus VAT1.45%1.45%
EXCHANGE (NASD) SEC0.2%
NASD0.25%0.25%
NASD VAT7.5%7.5%
CSCS0.2%
CSCS VAT7.5%
ALERT#4/TRANSACTION#4/TRANSACTION
VAT ON ALERT7.5%7.5%
STAMP DUTY0.075%0.075%
BROKER CHARGE plus VAT1.45%1.45%
EXCHANGE (LCFE) SEC0.3%
LCFE0.5%0.5%
LCFE VAT7.5%7.5%
CSCS0.3%
CSCS VAT7.5%
ALERT#4/TRANSACTION#4/TRANSACTION
VAT ON ALERT7.5%7.5%
STAMP DUTY0.075%0.075%
BROKER CHARGE plus VAT1.45%1.45%
EXCHANGE (NSE-BOND) SEC
NSE
NSE VAT
CSCS#1/Million (Face Value)#1/Million (Face Value)
CSCS VAT7.5%7.5%
ALERT#4/TRANSACTION#4/TRANSACTION
VAT ON ALERT7.5%7.5%
STAMP DUTY0.075%0.075%
BROKER CHARGE plus VAT1.45%1.45%

As always, we are committed to serving you better and we appreciate your business and continued patronage.

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Disclaimer

Online Portfolio Management View is a service aimed at providing investors with access to view their respective stock portfolio in addition to services provided by intermediary stockbrokerage firms. We ask that you ensure that all devices used to access the Service are adequately protected from malware and viruses. You must also take care to secure and maintain the confidentiality of your password and log-in information. CSCS shall not bear any responsibility and or be liable for any unauthorized access to your information on the Application using your log-in details.

Disclaimer

Online Portfolio Management View is a service aimed at providing investors with access to view their respective stock portfolio in addition to services provided by intermediary stockbrokerage firms. We ask that you ensure that all devices used to access the Service are adequately protected from malware and viruses. You must also take care to secure and maintain the confidentiality of your password and log-in information. CSCS shall not bear any responsibility and or be liable for any unauthorized access to your information on the Application using your log-in details.

Disclaimer

Online Portfolio Management View is a service aimed at providing investors with access to view their respective stock portfolio in addition to services provided by intermediary stockbrokerage firms. We ask that you ensure that all devices used to access the Service are adequately protected from malware and viruses. You must also take care to secure and maintain the confidentiality of your password and log-in information. CSCS shall not bear any responsibility and or be liable for any unauthorized access to your information on the Application using your log-in details.

Disclaimer

Online Portfolio Management View is a service aimed at providing investors with access to view their respective stock portfolio in addition to services provided by intermediary stockbrokerage firms. We ask that you ensure that all devices used to access the Service are adequately protected from malware and viruses. You must also take care to secure and maintain the confidentiality of your password and log-in information. CSCS shall not bear any responsibility and or be liable for any unauthorized access to your information on the Application using your log-in details.

Disclaimer

Online Portfolio Management View is a service aimed at providing investors with access to view their respective stock portfolio in addition to services provided by intermediary stockbrokerage firms. We ask that you ensure that all devices used to access the Service are adequately protected from malware and viruses. You must also take care to secure and maintain the confidentiality of your password and log-in information. CSCS shall not bear any responsibility and or be liable for any unauthorized access to your information on the Application using your log-in details.