Dhaka, Bangladesh (BBN)-The country’s port city bourse has decided to reduce commission charged on bulk trade of BDT 5.0 million and above, officials said.
As per the decision taken by the Chittagong Stock Exchange (CSE), 0.006 percent will be charged as commission on bulk trade of BDT 5.0 million and above.
The CSE’s latest decision regarding commission on bulk transaction will come into effect from May 2.
According to CSE officials, presently 0.018 percent commission is charged on trade worth up to BDT 50 million, whereas 0.015 percent and 0.013 percent commission charged on trade value of above BDT 50 million and up to BDT 100 million respectively.
A top CSE official said they have reduced the rate of commission on bulk trade in an effort to enhance trade volume in the port city bourse.
BBN/BB/ANI-21Apr15-12:00pm (BST)