Source: SIX Swiss Exchange
As of 1 January 2011, SIX Swiss Exchange will be charging reduced fees for trading in small and mid-cap shares.
This equity segment is growing steadily, with trading volumes rising by more than 40% over the past year. By reducing its fees, the Swiss Exchange is passing on the benefits of further efficiency gains to participants who use particularly high-performance connections.
The following fee changes will take effect at the start of 2011:
* The transaction fee for on-exchange trades via the Capacity Trading Interface (CTI) will be reduced from CHF 1.00 to CHF 0.50. The CTI transaction fee will thus be halved for some 75% of all shares listed on SIX Swiss Exchange.
* The balanced tariff for secondary listed shares will be reduced to match the tariff for blue-chip shares, so the rate will fall from 0.54 basis points to 0.32 basis points and the cap from CHF 54 to CHF 32.