The commission payable to NSL on its market deals is as regulated by the Exchange and the rates are as stated below:
Equity
Rate
Brokerage commission (On purchases and
sales)
On the first =N= 250,000 of consideration
On the next =N= 250,000 of consideration
On the next =N= 500,000 of consideration
On the first =N= 2,000,000 of consideration
On the next =N= 2,000,000 of consideration
On any amount above =N= 5,000,000 of consideration
2.75%
2.50%
2.25%
2.00%
1.50%
1.00%
Debenture
Rate
On
the first =N= 250,000 of consideration
On the next =N= 500,000 of consideration
On the next =N= 500,000 of consideration
On the first =N= 2,000,000 of consideration
On the next =N= 2,000,000 of consideration
On any amount above =N= 5,000,000 of consideration
2.00%
1.50%
1.00%
0.75%
0.50%
1.00%
Federal & State Government
Stocks/Bonds
0.225% on either
sales or purchases
Nominal Transfers
The fee is as follow:
NSE
0.2%
CSCS
0.3%
Broker
1.5%
Service Fee on Nominee Account
This is between
5% and 10% of the income earned (dividends) by the portfolio depending
on the income level within the year.
Investment Advisory Services
An annual fee
is usually agreed with the client
Regulatory Charges
A: Sales
NSE: 0.65% of Consideration
CSCS: 0.35% of
Consideration
B: Purchases
Security and Exchange Commission: 1% of Consoderation
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