London Stock Exchange introduces new order book pricing

03.07.09 - 22:02 ... source : London Stock Exchange

... London Stock Exchange Group today announced a new, simplified fee structure for trading on its UK order books. The new structure, to be introduced from 1 September, will deliver benefits to a broad cross section of the Exchange's diverse customer base. In particular, the new price list will: Balance charges applicable to each side of a transaction Substantially lower the threshold for volume discounts Increase the number of firms benefiting from incentives Reduce the minimum charge per execution Introduce new incentives for trading in Small Cap securities Xavier Rolet, Chief Executive of London Stock Exchange Group, said: "We aim to ensure that our pricing evolves to meet the needs of customers. The structure announced today will offer new incentives from which a broader range of firms can benefit, and should help to encourage a return to the long-term trend of volume growth on our markets. There will also be saving ...» Next (HTML)