John Keells Stock Brokers (Private) Limited is committed to make sure you optimize your investments in an ever changing market scenario. Based on our years of experience and a thorough understanding of the bigger picture, we offer you one-on-one wealth management advice with the dynamism and dedication that are the hallmark of our service.
Share Transactions Fee Structure is implemented on a step up basis and transactions up to the value of Rs. 100 million is fixed by the Colombo Stock Exchange and are common to all brokers. However transactions above Rs. 100 million are negotiable with a minimum brokerage fee of 0.2% being applied. Intraday trades will only have one side of the brokerage charged. Commissions earned on trades executed via foreign brokerages shall be equally shared by the foreign and local brokerages.
Given below is the break up of the fees for a purchase/sale transaction:
SHARE TRANSACTION FEES OF THE COLOMBO STOCK EXCHANGE (CSE) AND CENTRAL DEPOSITORY SYSTEM (PVT) LTD (CDS) WITH EFFECT FROM 27th JUNE 2017
|Share Transaction Fee Structure (to be implemented on a step up basis)|
|Transaction Cost Band||Percentage Payable(%)|
|Transactions ≤ Rs. 100 Milion||Transactions > Rs. 100 Milion|
|Share Transaction Levy Imposed by the Government||0.3000||0.3000|
|Transaction Value||(Rs.)||102 Million|
|100 Million||2 Million||Total|