FEES AND COMMISSIONS. I. Fees and commissions charged to Participants to the regulated spot market/ alternative trading system administered by SIBEX

Transcription

1 FEES AND COMMISSIONS I. Fees and commissions charged to Participants to the regulated spot market/ alternative trading system administered by SIBEX a) General fees 1. Fee for admission as Participant regulated spot market 0 lei 2. Fee for admission as Participant alternative trading system 0 lei 150 Euro + VAT 3. Monthly fee for Participant connection to the trading system Starting with the transfer on the new trading system, the participants which will connect to the system through their own applications will pay only the fee of 150 Euro + V.A.T./month. This fee is for connecting to Sibex trading system, both for derivatives market and for regulated spot market and alternative trading system. During March 31 June 30, 2015, the holiday fee period will be extended, thus there will be applied an exemption from the fee of 150 Euro + V.A.T./month if a participant activates both on the regulated derivatives market administered by Sibex and on the regulated spot marker administered by Sibex OR the alternative trading system administered by Sibex. 1

2 b) Fees and commissions for the regulated spot market administered by SIBEX # Fee/commission Value 1. Annual fee for Participant lei Trading commission on public offerings and other special operations market (shares) Trading commission on public offerings and other special operations market (bonds) - Initial public offerings for sale: - Primary public offerings for sale: - Other primary methods for sale: - Secondary public offerings for sale: - Other secondary methods for sale: - Public offerings for purchase: 0.1% of the buy value. - Initial public offerings for sale: 0 % - Primary public offerings for sale: 0 % - Other primary methods for sale: 0 % - Secondary public offerings for sale: 0.01% of the buy value - Other secondary methods for sale: 0.01% of the buy value - Public offerings for purchase: 0.01% of the buy value. 2

3 4. 5. Trading commission on Main Market (shares, rights, structured products, ETFs) Trading commission (shares, structured products, ETFs) for the market Participants who have the Market Maker quality 6. Commission for trading all types of bonds 7. Treasury bonds trading commission Commission for buy-in/sell-out trades or commission for trades generated by the special buying/selling procedure Error correction fee for trading (shares, rights, structured products, ETFs) 10. Error correction fee for trading (all types of bonds) 11. Error correction fee for trading (treasury bonds) 50 lei 12. Error correction fee for trading treasury bonds applicable to market participants who have the Market Maker quality 0.1% of the sale value 0.04% of the buy value % of the sale value 0.02% of the buy value % of the sale value % of the buy value 1% of the trade value, applied to the Participant due to which the respective operation/procedure was initiated 1% of the sale value 1% of the buy value 0.5% of the sale value 0.5% of the buy value 50 lei 13. Invalidation fee for trades with treasury bonds 50 lei Invalidation fee for trades with treasury bonds for market participants who have the Market Maker quality Additional error correction fee for trading (shares, rights, all types of bonds, structures products. ETFs) 50 lei 16. Brokers examination fee 400 lei + VAT 2000 lei-for a calendar year, for the third and forth trading correction request 3000 lei- for a calendar year, for the fifth trading correction request 5000 lei- for a calendar year, for the sixth trading correction request 3

4 Active broker SPOT + Derivatives markets c) Fees and commissions for the alternative trading system administered by SIBEX # Fee/commission Value 1. Annual fee for Participant lei Trading commission on public offerings and other special operations market (shares) Trading commission on public offerings and other special operations market (bonds) - Initial public offerings for sale: - Primary public offerings for sale: - Other primary methods for sale: - Secondary public offerings for sale: - Other secondary methods for sale: - Public offerings for purchase: 0.1% of the buy value. - Initial public offerings for sale: 0 % - Primary public offerings for sale: 0 % - Other primary methods for sale: 0 % - Secondary public offerings for sale: 0.01% of the buy value - Other secondary methods for sale: 4

5 4. 5. Trading commission on Main Market (shares, rights, structured products, ETFs) Trading commission (shares, structured products, ETFs) for the market Participants who have the Market Maker quality 6. Trading commission for the EGES certificates 7. Commission for trading all types of bonds Commission for buy-in/sell-out trades or commission for trades generated by the special buying/selling procedure Error correction fee for trading (shares, rights, structured products, ETFs) Error correction fee for trading (all types of bonds) Additional error correction fee for trading (shares, bonds, rights, structured products, ETFs) 0.01% of the buy value - Public offerings for purchase: 0.01% of the buy value. 0.1% of the sale value 0.04% of the buy value 0 0.1% of the sale value 0.05% of the buy value 0.02% of the sale value 0.02% of the buy value 1% of the trade value, applied to the Participant due to which the respective operation/procedure was initiated 1% of the sale value 1% of the buy value 0.5% of the sale value 0.5% of the buy value 2000 lei-for a calendar year, for the third and forth trading correction request 3000 lei- for a calendar year, for the fifth trading correction request 5000 lei- for a calendar year, for the sixth trading correction request 5

6 II. Fees and commissions charged to Issuers of financial instruments a) on the regulated spot market administered by SIBEX 1. Processing fee for admission to trading of shares, rights, bonds lei 2. Processing fee for admission to trading of structured products, ETFs lei Admission to trading 1. Section Shares 2. Section Rights 0 lei 3. Section International shares lei 4. Section International rights 0 lei 5. Section Corporative bonds 0.1% of the market value of the issue, but not more than lei For other types of listings than the public offering lei 0.008% of the nominal value of the issue, but not more than lei 6. Section Municipal bonds 0,001% of the nominal value of the issue 7. Section International bonds 0,001% of the nominal value of the issue 8. Section Treasury bonds 0 9. Section Shares issued by CIU 3000 lei 10. Section Fund units (CIU) 3000 lei 11 Section Other debt securities 0,001% of the nominal value of the issue 12 Section Structured products 2000 lei 6

7 13 Section ETFs 2000 lei Maintenance to trading 1. Section Shares 2. Section Rights 0 lei 3. Section International shares 0 lei 4. Section International rights 0 lei 5. Section Corporative bonds lei/year lei/year For shares admitted to trading without the Issuer s agreement the fee for maintenance to trading is not charged 6. Section Municipal bonds 0.04% of the nominal value of the issue 7. Section International bonds 0.01% of the nominal value of the issue 8. Section Treasury bonds 0 lei 9. Section Shares issued by CIU 3000 lei/year 10. Section Fund units (CIU) 3000 lei/year 11 Section Other debt securities 0,001% of the nominal value of the issue 12 Section Structured products 2000 lei 13 Section ETFs 2000 lei 7

8 b) on the alternative trading system administered by SIBEX 1. Processing fee for admission to trading of shares, rights, bonds 200 lei 2. Processing fee for admission to trading of structured products, ETFs 200 lei Admission to trading 1. Section Shares 500 lei 2. Section Rights 0 lei 3. Section International shares 500 lei 4. Section International rights 0 lei 5. Section Corporative bonds 0.008% of the nominal value of the issue, but not more than 500 lei 6. Section Municipal bonds 0,001% of the nominal value of the issue 7. Section International bonds 0,001% of the nominal value of the issue 8. Section Other debt securities 0,001% of the nominal value of the issue 9. Section Shares issued by CIU 500 lei 10. Section Fund units (CIU) 11. Section Structured products 500 lei 500 lei 12. Section Financial instruments admitted to trading on a regulated market (traded, but not listed on the alternative trading system) 0 lei 8

9 13. Section ETFs 500 lei Maintenance to trading 1. Section Shares 300 lei/year 2. Section Rights 0 lei 3. Section International shares 0 lei 4. Section International rights 0 lei 5. Section Corporative bonds 300 lei/year 6. Section Municipal bonds 0.001% of the nominal value of the issue 7. Section International bonds 0.001% of the nominal value of the issue 8. Section Other debt securities 0.001% of the nominal value of the issue 9. Section Shares issued by CIU 300 lei/ year 10. Section Fund units (CIU) 300 lei/ year 11. Section Structured products 300 lei/ year 12. Section Financial instruments admitted to trading on a regulated market (traded, but not listed on the alternative trading system) 13. Section ETFs 300 lei/ year 0 * The fees include V.A.T. 9