SGX Clearing fee rate will be reduced from 0.05% to 0.04% of the contract value (wef : 1 March 2007)

SGX had announced on 11 Jan 2007 that the securities clearing fee rate will be reduced from 0.05% to 0.04% of the contract value. At the same time, the maximum clearing fee will be raised from $200 to $600. These changes will come into effect on 1 March 2007. *The new structure is applicable to all trades (except futures, options and structured warrants).

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