Amendment to legislation regulating commissions on derivative contracts trading
Published on 14-Mar-2021
In an attempt to achieve more consistency with the best global practices and to contribute to the success of the market’s plan and initiative to launch a new platform for derivatives trading and encourage the public to perform trades on such platform, the SCA board approved a proposal to amend the commissions on derivative contracts trading. It also approved amendments to the legislation regulating trading commissions for derivatives contracts as well as to the provisions of The SCA Board Chairman’s Decision No. (32/Chairman) of 2018 on Technical Service Fees Payable to the Securities and Commodities Authority.