WSE to lower transaction fees
14:38
Starting November 1, the Warsaw Stock Exchange (WSE) will charge its members lower fees. The changes apply to transactions in shares and stock data on the main market and NewConnect. The fixed fee rate per order will be reduced to PLN 0.15 from PLN 0.20.
“The level of transaction fees is one of the major factors affecting the attractiveness of the market. Therefore we decided to reduce those fee categories which our customers - brokerage houses - indicated, and which can have a positive impact on interest in the WSE's offer and improve the competitive position of the Polish capital market,” WSE President Małgorzata Zaleska said.
The structure of fee reductions is the result of consultation and agreement between the WSE and the Chamber of Brokerage Houses. The changes are in line with earlier WSE announcements and are part of its long-term strategy, the WSE stated.
