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.
Bank of Valletta: Pioneering the future of digital payments in Malta
Chris Degabriele, Head of eBanking, reflects on the bank’s exciting digital transformation journey, which is closely linked to his own.
ECB lowers key interest rates by 25 basis points in response to inflation outlook
While inflation remains high, the ECB projects it will ease in the second half of next year
HSBC Malta share price drops sharply following strategic review announcement
Market analysts suggest that the uncertainty surrounding the review, with speculation of an impending sale, has fuelled investor concerns