Brokerage Fees
Equity and Debt Securities (Official Market and DEM)
The brokerage fee claimed by an investment dealer (stockbroking company) to its client is set below. The brokerage fee claimed is apportioned among the stockbroking company, the Stock Exchange of Mauritius Ltd (SEM), the Financial Services Commission (FSC) and the Central Depository & Settlement Co. Ltd. (CDS).
Equity Securities
|
Value of Transaction (Rs) |
Investment Dealer (%) |
SEM (%) |
FSC (%) |
CDS (%) |
Total fee claimed for apportionment (%) |
|
Not exceeding 3 million |
0.75 |
0.25 |
0.05 |
0.20 |
1.25 |
|
More than 3 million but not exceeding 6 million |
0.70 |
0.25 |
0.05 |
0.15 |
1.15 |
|
More than 6 million but not exceeding 10 million |
0.60 |
0.25 |
0.05 |
0.15 |
1.05 |
|
More than 10 million |
0.50 |
0.25 |
0.05 |
0.10 |
0.90 |
Debt Securities
The following brokerage fee is applicable to transactions relating to bonds or debentures.
|
Value of Transaction (Rs) |
Investment Dealer (%) |
SEM (%) |
FSC (%) |
CDS (%) |
Maximum Brokerage fees (%) |
|
Not exceeding Rs 100,000 |
0.435 |
0.075 |
0.015 |
0.075 |
0.60 |
|
More than Rs 100,000 but not |
0.385 |
0.075 |
0.015 |
0.075 |
0.55 |
|
More than 2 million |
0.30 |
0.070 |
0.01 |
0.07 |
0.45 |
RSS