Euronext Securities Porto has decided to change its price lists with the main purpose of responding to client requests, encouraging the direct participation of financial intermediaries in more than one CSD of the Euronext Group, encouraging the integration of fund units in a centralised system, as well as contributing to the revival of the warrants and certificates market in Portugal.
Issuer Entities:
- Reduction of registration and cancellation fees for warrants and certificates;
- Reduction of processing fees for corporate events (namely capital reductions, income payments, splits and reverse splits) on fund units;
- Reduction of fees on operations resulting from the transfer of securities between different securities codes belonging to the same bond issue;
- Increase of fees charged for subscriptions/redemptions of open-ended funds that do not use the order routing functionality.
Financial Intermediaries
- Creation of a Family Fee, which grants discounts on settlement operations processed on the T2S platform, for Financial Intermediaries participating in more than one CSD of the Euronext Group (Euronext Securities Milan, Euronext Securities Copenhagen and Euronext Securities Porto);
- Reduction of fees charged for connecting via VPN to its private communications network;
- Reduction of fees for cross-border operations carried out by investor CSDs;
- Removal of the fee charged to Financial Intermediaries for subscribing to the service of notification/confirmation of events and general meetings;
- Increase of fees charged for the settlement of warrants and certificates.
Additional information can be found here.