coast rate /broke rate in bursa

1. Transaction CostsIn addition to the cost of the shares bought or sold, the client will have to pay the following charges:
   Brokerage RatesBrokerage is payable by both buyer and seller.
   
2. Stocks, ordinary shares and preference shares. With effect from 1 July 2002, the brokerage payable for all trades in stocks, ordinary shares, preference shares and other securities listed and traded on the stock market of Bursa Malaysia [but excluding the instruments described in paragraphs (b), (c) and (d) below] shall be on a fully negotiated basis between its client, subject to a maximum of 0.70% of the contract value.
   
3. Government bonds and Municipal Debentures
   
   Minimum brokerage With effect from 9 June 2003, the minimum brokerage rate is as follows:
   

Retail trades valued above RM100,000
0.3% of contract value

Retail trades valued below RM100,000
0.6% of contract value

Online routed retail trades (via ECOS)**
Up to 30% discount of minimum rate
Same day buy and sell trades
0.15% of contract value

*Fixed brokerage Always subjected to the fixed brokerage of RM2.00 on transaction of loan instruments and RM12.00 on any other transaction. ** Participating Organisation's Electronic Client-Ordering System approved by Bursa Malaysia.
Clearing Fees

On-Market 0.04% of transaction value (payable by both buyer and seller) with a maximum of RM500.00 per contract. There is no minimum fee imposed.

Direct business 0.04% of transaction value (payable by both buyer and seller) with a maximum of RM500.00 per contract and a minimum of RM10.00.
Stamp DutyThe stamp duty chargeable on transactions on the stock market of Bursa Malaysia is:
RM1.00 for RM1000.00 or fractional part of value of securities (payable by both buyer and seller), and effective 17 March 2003, the stamp duty shall be remitted to the maximum of RM200.