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.
Digital euro could eliminate refund delays, says ECB
ECB officials say 'conditional payments' could transform everyday transactions
How Mediterrania Capital Partners is bridging private equity and public markets to unlock Africa’s potential
ASEF is reshaping how institutional investors think about Africa’s public markets: a growth engine and a diversifier in global portfolios
BNF Bank and Mastercard partner to bring added value to Maltese customers
Collaboration enhances everyday banking through exclusive experiences, rewards, and innovative payment solutions