Additional Information
The tariffs do not include commission fees of third parties ensuring the performance of the functions of a broker and a nominee holder, including, but not limited to, stock exchanges, depository banks and custodians, as well as other professional participants in the securities market.
The volume of the purchase / sale of shares is calculated using the formula: price of a security x number of shares.
The volume of a bond purchase / sale transaction is calculated by the formula: (net price (in % of the par) + accumulated interest (in % of the par)) x par x quantity x conversion rate (depending on the parameters of the transaction).
The amount of income / expense on a repo transaction is calculated using the formula: the absolute difference between the opening volume and the closing volume.
When conducting operations on the international market, the custodian bank charges commissions for:
- settlements for an international transaction (for a transfer);
- currency conversion for an international transaction; - conversion of the Central Bank for an international transaction (ADR, GDR into local securities).
These commissions are set by the bank and paid by the Client separately.
Broker's commission on REPO trades is calculated based on executed trades within one client order. When transferring securities with a change of ownership, rates similar to those for purchase and sale transactions are applied.