Contact us on 0700 CALL CSCS (0700 2255 2727) or [email protected]

Charges and Fees

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

SERVICESCURRENT PRICE (₦)FREQUENCY
SPECIAL ACCOUNTS
1Individual₦5,600 + 7.5% VATAnnually
2Family₦11,200 + 7.5% VAT
3Corporate₦11,200 + 7.5% VAT
4Custodian Code Creation₦56,000 + 7.5% VAT
5Margin/Custody Code Creation₦56,000 + 7.5% VAT
6Broker Code Creation (NGX)₦112,000 + 7.5% VATOne-off payment
7Broker Code Creation (NASD)₦112,000 + 7.5% VAT
8Primary Dealer/Market Maker Creation₦56,000 + 7.5% VAT
9Creation of Custodian Segregation main & trading account₦28,000 + 7.5% VAT
10GDR Transfer₦1,000 Per Detachment (inter)Per request
11Redistribution of Shares₦200 Per Detachment + 7.5% VAT
12Linking & De-listing of Custodian trading₦1,000 Per Linking/De-linking of Stockbroking Firm + 7.5% VAT
13Reconstruction of symbol/security₦250,000 + 7.5% VATOne-off payment
14Merger of Creditor membership code₦500,000 + 7.5% VAT
COLLATERAL MANAGEMENT SERVICES
1Equity0.25% of Total Value of Security + 7.5% VAT per annumAnnually
2Bond0.25 % of Total Value of Security + 7.5% VAT per annum
3Creditor Eligibility Member Code - LIEN₦28,000 + 7.5% VAT
4Minimum Lien Fee₦20,000 + 7.5% VATN/A
PARTICIPATION FEE
1Settlement Bank Participation Fee (onboarding)₦12million + 7.5% VATOne-off payment
2Settlement Bank Participation Fee (renewal) ₦1,120,000 + 7.5% VATAnnually
3Stockbroking Firms Eligibility Fee (NGX)₦28,000 + 7.5% VAT
4Stockbroking Firms Eligibility Fee (NASD)₦28,000 + 7.5% VAT
5Stockbroking Firms Eligibility Fee (LCFE)₦28,000 + 7.5% VAT
ONLINE SUBSCRIPTION SERVICES
1Margin Account (Per Trading/Main Account)₦56,000 + 7.5% VATAnnually
2Special Account - Custodian₦56,000 + 7.5% VAT
3Primary Dealer/Market Maker₦56,000 + 7.5% VAT
4Stockbroking Firms - NGX (Portfolio View)₦56,000 + 7.5% VAT
5Special Account - Family₦5,600 + 7.5% VAT
6Special Account - Corporate₦11,200 + 7.5% VAT
7Special Account - Individual₦2,800 + 7.5% VAT
8Corporate Investor₦5,600 + 7.5% VAT
9Individual Investor₦2,800 + 7.5% VAT
10Stockbroking - NASD (Portfolio View)₦28,000 + 7.5% VAT
11E-Bonus (Stockbrokers/Custodians)₦56,000 + 7.5% VAT
HARD COPY PRINTING, SHARE CERTIFICATES RELATED AND ANCILLARY SERVICES
1Stock position statement₦500 + 7.5% VATPer request
2Stock portfolio valuation ₦1,000 + 7.5% VAT per page
3Stock position statement (Collateral A/c)₦1,000 + 7.5% VAT per page
4Global Search ₦1,000 + 7.5% VAT
5Transaction History₦500 + 7.5% VAT per page
6Daily Trade (Soft Copy) via Data Exchange₦56,000 + 7.5% VAT per annum
7Certificate Deposit/E-lodgment₦5,600 + 7.5% VAT
8Share Certificate Withdrawal₦250,000 + 7.5% VAT
9Certificate Request/Rematerialization₦250,000 + 7.5% VAT
10Client Portfolio₦15,000 + 7.5% VAT
11All clients account on each symbol₦500 + 7.5% VAT per pagePer symbol
12Bank net position each day₦56,000 + 7.5% VATDaily
13Inter-member Transfer₦1,000 + 7.5% VAT per request per day

₦56,000 + 7.5% VAT applicable bulk account transfer request
n/a
LEGAL ENTITY IDENTIFIER
1Legal Entity Identifier subscription₦28,000 + 7.5% VAT per annumOne-off
2Legal Entity Identifier subscription (RENEWAL)₦14,000 + 7.5% VAT per annumAnnual
API SERVICES
1Account Opening Service (Direct Integration)₦200,000 + 7.5% VATOne-off payment
2Single Portfolio View (Integration fee)₦200,000 + 7.5% VAT
3Single Portfolio View (Subscription fee)₦100 + 7.5% VAT Per month
Unitized Fund Depository
1Unitized Fund Depository 0.0050% of value of asset – (Less than N10 billion asset worth)One-off
0.0045% of value of asset – (Between N10 billion and N20 billion asset worth)
0.0040% of value of asset – (more than N20 billion)
ISIN ISSUANCE AND SWIFT SUBSCRIPTION
1ISIN Issuance and Symbol Creation
All assets (except Commercial Papers and Corporate Bonds)
₦100,000 + 7.5% VAT one-offOne-off
2ISIN Issuance and Symbol Creation
Commercial Papers and Corporate Bonds
₦250,000 + 7.5% VAT one-offOne-off
TRANSACTION FEES
1CSCS Plc Fee NGX0.3% on Sales + 7.5% VATPer transaction
2CSCS Plc Fee NASD0.2% on Sales/Buy + 7.5% VAT
3CSCS Plc Fee LCFE0.2% on Sales/Buy + 7.5% VAT
4Nominal Transfer0.3% of Total Security Value + 7.5% VAT
5Quoted Companies - Listing fee0.0075% of Market Capitalization to be listedOne-off
6Quoted Companies -Depository Fees0.0125% of Market Capitalization as at Last Trading Day of the preceding year + 7.5% VATAnnually
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