Cash Equities Fees
Tariffs effective from 01.11.2022 Tariffs valid before 01.11.2022
Trades in stocks, depository receipts, ETF shares, mortgage certificates, and other securities
| MAKER | TAKER | |||||
|---|---|---|---|---|---|---|
| Moscow Exchange, trading fee not subject to VAT |
National Clearing Centre clearing fee, not subject to VAT |
Total fee | Moscow Exchange, trading fee not subject to VAT |
National Clearing Centre clearing fee, not subject to VAT |
Total fee | |
| ASYMMETRIC PRICING MODEL (MAKER – TAKER1) | ||||||
MAIN TRADING MODE Т+ (MODE T+1), "ODD LOTs", "IIR sector"
|
0,00% | 0,00% | 0,00% | 0,01725% | 0,01275% | 0,03% |
| SYMMETRIC PRICING MODEL (MAKER – TAKER) | ||||||
MAIN TRADING MODE Т+ (MODE T+1)
"IIR sector"
NTM / NTM with CCP, NTM / NTM with CCP ("IIR sector"), Trading mode "settlement of derivatives contracts", trading mode of placement and redemptions and other trading modes |
0,008625% | 0,006375% | 0,015% | 0,008625% | 0,006375% | 0,015% |
| Trades executed on the basis of orders with the use of Trading and Clearing Accounts of the Non-Resident as defined by the Clearing Rules - C-type Accounts | 0,01725% | 0,01275% | 0,03% | 0,01725% | 0,01275% | 0,03% |
1The maker is the passive side of the trade, providing liquidity; and the taker is the active side of the trade, receiving liquidity.
The minimum variable fee (applicable to symmetrical pricing models, as well as to liquidity-taking trades in asymmetrical pricing model) is charged on the trade amount on the trade date and is at least RUB 0.02 (RUB 0.01 - the Trading Fee and RUB 0.01 - the Clearing Fee).
Iceberg orders
An extra commission fee charged by the Exchange of 0.0025% of the trade amount is charged to both taker and maker for trades executed on the basis of iceberg orders.
Closing Auction orders
An extra trading fee of 0.0025% of the trade amount is charged to both taker and maker for trades executed on the basis of limit or market orders of Closing Auction.
Market orders in the Opening Auction
An extra fee of 0.0025% of the trade amount is charged to both taker and maker for trades executed in the Opening Auction on the basis of market orders.
Preferential tariffs for voluntary rollovers
Trades on a voluntary rollover of client positions are subject to a fee that applies from 9:30 to 10:00 and from 18:45 to 19:00 Moscow time. The preferential flat fee applies only to cross-agency trades in shares and depositary receipts on shares (not in bonds).
- The aggregate fee for negotiated trades and negotiated trades with the CCP is RUB 0.35 per trade, irrespective of the trade size.