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.
Malta-Based financial firms linked to global investment scam
The probe highlights Malta-licensed payment provider OpenPayd, which was used to funnel funds from victims through fraudulent trading platforms.
Malta expands fund frameworks with new regulatory updates
These changes are expected to provide fund promoters with greater flexibility, cost efficiencies, and operational benefits
Life insurance payout less than 50% of estimated value, but Financial Services Arbiter finds no foul play
The Arbiter observed that the complaint appeared to be motivated by seeking a higher amount