Charges and Fees

Below are the fees and charges that apply to all CSCS PLC product and services

 PRODUCTSNEW RATE (₦)SCHEDULE
1Stock position statement₦200 per A/C + 5% VAT
2Stock position statement (Collateral A/c)Transaction History
₦500 per A/c on LIEN + 5% VAT
3Transaction History₦100 per stock + 5% VAT
4Daily Trade (Hard Copy)₦200 per trade + 5% VAT
5Daily Trade (Soft Copy) via Data Exchange₦200 per day + 5% VAT
6Client Database ₦5,000 per house + 5% VAT
7Certificate Deposit/E-lodgement₦10 per KB + 5% VAT
8Share Certificate Withdrawal ₦100 per security + 5% VAT
9Certificate Request ₦500 per request/stock + 5% VAT
10Website for Participants₦50,000 per annum + 5% VAT
11Client Portfolio₦10,000 per house + 5% VAT
12All clients account on each symbol₦100 per symbol/page + 5% VAT
13Bank net position each day₦200 per day + 5% VAT
Special Accounts
Special Account Creation Renewal
14 Individual ₦5,000 + 5% VATAnnually
15Family ₦10,000 + 5% VATAnnually
16Corporate ₦10,000 + 5% VATAnnually
17Custodian Code Creation₦50,000 + 5% VATAnnually
18Margin/Custody Code Creation₦50,000 + 5% VATAnnually
19 Broker Code Creation (NSE)₦100,000 + 5% VAT
20Broker Code Creation (NASD)₦100,000 + 5% VAT
21Primary Dealer/Market Maker Creation ₦50,000 + 5% VAT
22Creation of Custodian Segregation main & trading account ₦25,000 + 5% VAT
23GDR Transfer ₦500 per detachment (inter)

Free within Custodian (intra) + 5% VAT
24Redistribution of Shares ₦200 per detachment + 5% VAT
25Linking & De-listing of Custodian trading₦500 per Linking/De-linking of Stockbroking firm + 5% VAT
26Mutual Fund/ETF₦100,000 + 5% VAT
27Reconstruction of symbol/security₦100,000 + 5% VAT
28Symbol Creation, Conversion or Change₦100,000 + 5% VAT
29Merger of Creditor membership code ₦100,000 + 5% VAT
LIEN CHARGES ARE AS FOLLOWS
30Equity 0.25% of Total Value of Security + 5% VAT
31Bond 0.02% of Total Value of Security + 5% VAT
32Renewal of Existing LIEN on Equity 20% of (0.25% of Total Value of Security) + 5% VATBi-Annually
33Renewal of Existing LIEN on Bond 20% of (0.25% of Total Value of Security) + 5% VATBi-Annually
34Creditor Eligibility Member Code - LIEN₦25,000 + 5% VATAnnually
ONLINE SUBSCRIPTION ACCESS
35Margin Account (Per Trading/Main Account)₦5,000 Annually + 5% VAT
36Special Account - Custodian ₦50,000 + 5% VAT
37Primary Dealer/Market Maker ₦50,000 + 5% VAT
38Stockbroking Firms ₦50,000 + 5% VAT
39Special Account - Corporate/Family₦5,000 + 5% VAT
40Special Account - Individual₦2,500 + 5% VAT
41Corporate Investor₦5,000 + 5% VAT
42Individual Investor₦2,500 + 5% VAT
43Stockbroking - NASD (Portfolio View)₦20,000 + 5% VAT
44E-Bonus (Stock Brokers/Custodians)₦50,000 + 5% VAT
TRANSACTION FEE
45CSCS Plc Fee NSE0.3% on Sales + 5% VAT
46CSCS Plc Fee NASD0.2% on Sales/Buy + 5% VAT
47Nominal Transfer0.3% of Total Security Value + 5% VAT
OTHER FEES
48 Settlement Bank Participation Fee₦10M + 5% VAT
49Settlement Bank Participation Fee ₦250,000

(₦1,000,000 wef 2015) + 5% VAT
Annually
50Stockbroking Firms Eligibility Fee (NSE)₦25,000 (Inclusive of VAT) + 5% VATAnnually
51Stockbroking Firms Eligibility Fee (NASD)₦15,000 (Inclusive of VAT) + 5% VATAnnually
52Quoted Companies Depository Fees 0.0125% of Market Capitalization on the First Trading Day in December of every year for succeeding year's fee + 5% VATInitial Depository Fee is at the same rate upon acceptance into the Depository
LEGAL ENTITY IDENTIFIER
Subscription FeeRenewal Fee
53Legal Entity Identifier ₦25, 000 + 5% VAT₦12, 500 + 5% VAT