The Canadian Securities Exchange (CSE) Thursday announced the implementation of a significant decrease to its trade execution fees for CSE and TSX Venture listed securities.
The new fees are designed to reduce costs for the dealer community and encourage greater liquidity for listed companies.
“The CSE continues to work with our dealer community to reduce complexity and cost in the delivery of all of our services. The new fee model, along with a number of other recent initiatives, demonstrates our commitment to providing cost effective services to our customers,” said Richard Carleton, CEO, in a release.
|
Price per Share |
Active Fee |
Passive Fee |
|
Securities trading at $1 and above |
$0.0002 |
$0.0002 |
|
Securities trading between $0.10 and $0.99 |
$0.00008 |
$0.00008 |
|
Securities trading for less than $0.10 |
$0.00004 with a cap of $15 |
$0.00004 with a cap of $15 |