Per Organisation Fees
|
Application and Annual Fees |
$ |
GST |
Total |
|
| Application Fee - Joining |
- |
- |
- |
 |
| Annual Fee |
2,500 |
250 |
2,750 |
|
Trading Fees (Effective 2 April 2012)
|
Fee |
|
GST |
Total |
|
| Trade fee per buy or sell based on $ value of the trade** |
0.10 BP |
0.01 BP |
0.11 BP |
|
| Minimum fee per buy or sell |
$0.25 |
$0.025 |
$0.275 |
|
| Maximum fee per buy or sell |
$30.00 |
$3.00 |
$33.00 |
|
| Settlement Fee
(applicable to agents only) |
$1.00 |
$0.10 |
$1.10 |
|
BP means basis point (a percentage of the value of the trade) ** Settlement fail fees are applicable; see notes below.
Notes
1. Whilst the above fees and charges are correct at the date hereof,
NSX reserves the right to alter the above fees and charges from time to
time.
2. Waived fees are reviewed each financial year. The NSX reserves the
right to activate these fees as the NSX deems appropriate.
3. For fees to list securities please see the
Listing Fees Practice
Note.
4. All annual fees are payable in advance.
5. Annual fees are calculated on a pro-rata basis. Annual fees
are renewable in July of each year.
6. Fees are not refundable.
7. In order to maintain orderly settlement on a T+3 basis, settlement fail fees are applicable to trading. The fee is levied
if there is a shortfall in the quantity of securities in a broker
participant's
settlement account. The current formula for calculation of fail fees is
as follows.
 |
The minimum fail fee is $50 per broker
participant’s settlement account per trade; and |
|
|
A fail fee is levied on each business day that a shortfall
persists. |
|
|
GST is applicable to fail fees. |
8. Money contributed to the NSX Fidelity Fund is not refundable.
9. NSX Participants can appoint NSX as a settlement agent. An
agreement must be signed and relevant fees paid for this service.
|
