CSCS to Slash Retail Lien Fees, Scrap Family Transfer Charges in Fresh Pricing Review
4 Articles
4 Articles
CSCS Cuts Fees, Charges To Boost Retail Participation
The Central Securities Clearing System (CSCS) has announced price changes that will halve lien fees for retail investors, remove charges for securities transfers between immediate family members, and eliminate broker code and eligibility fees, Nairametrics reported. CSCS said the moves were meant to reduce transaction friction, deepen retail participation and support innovation by brokers and fintechs. A pricing document seen by Nairametrics on …
CSCS slashes retail lien fees and scraps family transfer charges
The Central Securities Clearing System (CSCS) is cutting retail lien fees by half and scrapping charges for securities transfers between immediate family members to boost market access. The post CSCS slashes retail lien fees and scraps family transfer charges appeared first on Business Elites Africa.
CSCS to slash retail lien fees, scrap family transfer charges in fresh pricing review
Nigeria's Central Securities Clearing System (CSCS) is set to roll out a fresh round of pricing changes that will cut lien fees for retail investors by half, eliminate charges on securities transfers between immediate family members, and scrap broker code and eligibility fees entirely, Nairametrics can exclusively report. The post CSCS to slash retail lien fees, scrap family transfer charges in fresh pricing review appeared first on Nairametrics.
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