Thailand Finance Business News and Lifestyle

SET revises brokerage fee system

Effective Jan 1, 2010, traders on the Stock Exchange of Thailand (SET) will be introduced to the new ’sliding’ brokerage fee calculation system for their day’s trading.

It means if you trade more, in volume, you pay less commission fee to the brokerage firms.

Online transaction will most enjoy the benefit of paying even less fee than dealing through a brokerage company.

The new rates system charge as below:

  • 0.25% – 1.0% for trade volume of less than 5 million baht a day made through a brokerage firm.
  • 0.22% – 1.0% for trade volume of less than 5 million baht a day made through online trading.
  • 0.22 % for trade volume worth between 5 and 10 million baht a day made through a brokerage firm.
  • 0.18% for trade volume worth between 5 and 10 million baht a day made through online trading.
  • 0.18 % for trade volume worth between 10 and 20 million baht a day made through a brokerage firm.
  • 0.15% for trade volume worth between 10 and 20 million baht a day made through online trading.
  • Trade volume of over 20 million baht a day is subject to negotiable for 0.00% – 1.0% in brokerage fee.

Note that: Online trading through cash accounts or credit balance accounts will receive even more benefits from the ‘sliding’ commission fee system.

The revision is set for the investors’ side to attract a large scale in transaction.

The market regulators aim to fully lift the brokerage firms’ commission fees by 2010.

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