×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Download App

Capital markets regulator to charge less than 1pc for derivative deals

Nairobi securities Exchange (NSE)trading floor.17/10/14-BEVERLYNE MUSIKLI

The capital markets regulator will charge investors less than 1 per cent of the value of derivative contracts used to bet on whether a stock, bond, currency or an index will go up or down.

In proposed fees released yesterday, CMA said it will charge 0.14 per cent for equity index futures contract and 0.17 per cent for single stock futures contracts.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in