In accordance with the provisions of the Capital Market Act and of the Exchange Rules, the Zagreb Stock Exchange, Inc. with its registered office at Ivana Lučića 2a/22, Zagreb (hereinafter: the Exchange), is hereby notifying that on June 30th, 2017 the Croatian Financial Services Supervisory Agency (hereinafter: the Agency) issued a decision (Class: UP/I 975-02/16-01/04; Ref. No: 326-01-770-772-17-10) approving the Exchange Price List adopted due to, among other reasons, the introduction of the new Xetra® trading system.
The amendments to the Exchange Service Price List refer to the following:
1. Increase in the commissions payable on regular share and bond trading
A new range of regular share commissions has been introduced at rates of 0.09 % payable for daily turnover of up to HRK 2,000,000.00, 0.080 % for daily turnover of HRK 2,000,000.01-6,000,000.00, 0.060 % for daily turnover of HRK 6,000,000.01-20,000,000.00 and 0.20 % for daily turnover in excess of HRK 20,000,000.01.
A single commission at a rate of 0.03 % will be payable on regular bond trading.
2. Increase in the commissions payable on block trades in shares
Block trades will be subject to commissions at the rate of 0.040 % of share turnover, and 0.01 % of bond turnover.
3. Increase in the OTC transaction reporting fee
The Exchange has amended its model of OTC transaction reporting fees by charging a HRK 240.00 fee per transaction to Exchange members, and HRK 300.00 per transaction to other market participants.
Fixed model rates will be charged at an annual HRK 11,535.00 payable for shares by member firms and HRK 14,400.00 by other participants, and HRK 11,535.00 payable for bonds by member firms and HRK 14,400.00 by other participants, while a combined HRK 18,450.00 will be payable for shares + bonds by member firms and HRK 23,070.00 by other participants.
The new Price List will be applied from 7 July 2017 and is available in electronic form at the Issuer's website: http://zse.hr/default.aspx?id=31117.
Ivana Gažić
President of the Management Board
Tomislav Gračan
Member of the Management Board
Source of information:
Zagreb Stock Exchange, Inc.
Ivana Lučića 2a/22, Zagreb
T. +385 1 4686 800
F. +385 1 4677 680
web: www.zse.hr
- end - -