The Malta Stock Exchange (MSE) has announced the removal of a fee it charges on every equity transaction, in an attempt to boost trade volumes.
Equity trades on the MSE will no longer be subject to the €4.50 fee, which consists of a €2.50 trading fee and a €2 clearing and settlement charge, as from 15th July.
The move was first announced in an event organised by the MSE in June.
During the event, it outlined a set of six initiatives with the aim of improving market liquidity and the investor experience.
The first such initiative is the one-year elimination of a €4.50 transaction fee on all equity trades.
This reduction in trading costs is aimed at making trading on the exchange more attractive for investors.
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