12 Futures Firms Earned over RMB100m Net Profit in 2014

DateJuly 31, 2015
Source:Futures Daily

To further cut investors trading cost, the Shanghai Stock Exchange (SSE), the Shenzhen Stock Exchange (SZSE) and China Securities Depository and Clearing Corporation Limited (CSDC), upon study, plan to lower the charging standards for A-share trading and settlement.
It is learnt that the handling fee for A-share trading bilaterally charged by the SSE and the SZSE will be adjusted from 0.0696 to 0.0487 of trading amount, with a drop of 30%, among which 0.00974 will be forwarded to China Securities Investor Protection Fund Corporation Limited and 0.03896 charged by the exchange. Besides, the transfer fee for A-share trading bilaterally charged by CSDC is adjusted from 0.3 of trading par value on the SSE and 0.0255 of trading amount on the SZSE respectively to 0.02 of trading amount uniformly, a drop of about 33% according to the market data of the recent 2 years. The SSE, the SZSE and CSDC will spare no efforts to complete relevant preparatory work, with an aim to implement these adjustments on August 1.

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