New ZSE Pricelist Approved

Zagrebacka Banka d.d.
Summary: 
Zagreb Stock Exchange Inc. confirmed that a newly approved Pricelist will enter into force on 7 July 2017.
Tue, 04/07/2017

The Croatian Financial Services Supervisory Agency (HANFA) approved a new Pricelist of the Zagreb Stock Exchange (ZSE) on 30 June 2017. Amendments within the Pricelist, mainly related to the introduction of a new trading system XETRA®, are as follows:

               1. Increase in commissions payable on a regular share and bond trading

Single commission at a rate of 0,03% will be payable on a regular bond trading.

               2. Increase in commissions payable on block trades in shares

Block trades will be subject to commissions at the rate of 0.04% of share turnover, and 0,01% of bond turnover. 

              3. Increase in OTC transactions reporting fee

ZSE has amended its model of OTC transaction reporting fees by charging HRK 240,00 per transaction to ZSE members, and HRK 300,00 per transaction to other market participants. Fixed model rates will be charged annually in the amount of HRK 11.535,00 payable for shares by member firms and HRK 14.400,00 by other participants; 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 and bonds by member firms and HRK 23.070,00 by other participants.  

 

Impact on investors: As confirmed by ZSE, the new Pricelist will be in effect as of 7 July 2017.