NSE set to reintroduce fixed income trading fee

Nigerian Stock Exchange (NSE) says it has received approved of the Securities and Exchange Commission (SEC) to reintroduce its fixed income trading fee.

The NSE said to this end, the fee would take effect from October 5, this year.

In a statement made public by the NSE, the commission added that the development was sequel to an earlier release informing of plans to implement the fee.

“The Exchange’s announcement via its Press Release dated 11 August 2016, revising The Exchange’s listing and trading fees for securities listed and traded on its Fixed Income Market, The Exchange has received the approval of the Securities and Exchange Commission to re-introduce its Fixed Income Trading Fee, which shall become effective on the date set forth below October 5,” the NSE said.

The bourse therefore, advised operators to visit its website for further clarification or questions regarding the relevant fees.

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