Fees
In all Modes (Except REPO Trades)
| Securities (Instruments) Admitted to Trading | Commission Fee Rates on Securities Trades |
|---|---|
| For shares | 0.0035% of the trade amount (from each party to the trade) |
| For shares of investment funds | 0.0035% of the trade amount (from each party to the trade) |
| For bonds (except eurobonds) in basic trading mode | 0.0035% of the trade amount (from each party to the trade) |
| For bonds (except eurobonds) in all trading modes (except basic trading mode and REPO trades) | 0.0065% of the trade amount (from each party to the trade) |
| For eurobonds | 0.0035% of the trade amount (from each party to the trade) |
When Making REPO Trades
| REPO Trade Term | Commission Fee Rates on Securities Trades |
|---|---|
| On inter-day REPO trades | 0.0001 (one ten thousandth) % of the REPO sum determined when executing the REPO trade in the procedure established by the Trading Regulations, including VAT, but no less than 5 (five) rubles from each party to the REPO trade |
| On REPO trades which are not inter-day | 0.0001 (one ten thousandth) % of the REPO sum determined when executing the REPO trade in the procedure established by the Trading Regulations, including VAT, but no less than 5 (five) rubles from each party to the REPO trade |
1. When making trades with bonds (except eurobonds) in the negotiated trades mode, the commission fee amount does not exceed 500 rubles from each party to the trade.
2. For Traders who accepted obligations to support liquidity on the MICEX SE for bonds in basic trading mode (Market Makers), the MICEX SE commission fee amount on bond trades (except eurobonds) in basic trading mode is 0.0009 (one ninety-thousandth) %.
3. For Traders who accepted obligations to support liquidity on the MICEX SE for shares included on Quote List “B” in basic trading mode (Market Makers), the MICEX SE commission fee amount on trades with shares included on Quote List “B” in basic trading mode on the MICEX SE is 0.00058 (one fifty-eight thousandth) %, including VAT, of the trade amount.
Fees for Ensuring that Professional Securities Participants Provide Information about Off-Exchange Trades and Keeping the Off-Exchange Trade Register:
- The MICEX SE CJSC’s fee for ensuring that Professional Securities Market Participants provide information about security sale and purchase trades not executed on the trade organizers’ trading (off-exchange trades) and keeping the Off-Exchange Trade Register is 300 (three hundred) rubles per month, without VAT. These services are paid for on a monthly basis. The fee is not charged before the end of the testing and adjustment period of the data collection system for off-exchange trades — December 31, 2007.
- The fee for providing Professional Securities Market Participants with abstracts from the Off-Exchange Trade Register on paper is 200 (two hundred) rubles for each abstract, without VAT.
The meeting of the Board of Directors of the MICEX SE CJSC on April 18, 2007 approved the following fees for re-submitting documents to MICEX SE CJSC Traders at their request, which go into effect on July 10, 2007:
- For submitting documents to MICEX SE CJSC traders at their request in accordance with the forms/formats stipulated by the Regulations on Securities Trading on the MICEX Stock Exchange Closed Joint Stock Company:
- Re-submitting reports on paper — 200 rubles, without VAT, for each report for each trading day.
- Re-submitting reports in electronic format — 20 rubles, without VAT, for each report for each trading day.
- For submitting documents to MICEX SE CJSC traders at their request containing data about that trader’s results of trading in a different form and format than the ones stipulated by the Regulations on Securities Trading on the MICEX Stock Exchange Closed Joint Stock Company:
- Submitting documents on paper — 250 rubles, without VAT, for each report for each trading day.
- Submitting documents in electronic format (on a disk) — 70 rubles, without VAT, for each report for each trading day.