NEW BILLING MODEL FOR JSE

Finweek English Edition - - INVESTMENT -

Sources have in­formed me that the JSE is chang­ing its billing model, which will be i mple­mented l ater t his year. Pre­vi­ously, a bro­ker paid per “hit” when trans­act­ing. In other words, re­gard­less of the value, they paid a fee for ev­ery trade. The prob­lem here was that a trade of 100 shares may trade in one go, in­cur­ring one cost. But it may hap­pen in f ive

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.