Nasdaq CSD SE NASDAQ CSD PRICE LIST PARTICIPANT FEES ESTONIAN, LATVIAN AND LITHUANIAN MARKET

Transcription

1 Nasdaq CSD SE NASDAQ CSD PRICE LIST PARTICIPANT FEES ESTONIAN, LATVIAN AND LITHUANIAN MARKET Effective Date:

2 1. CSD PARTICIPANT SERVICES1 1.1 Securities accounts Opening of securities accounts Opening of an owner account or participant own account Account 0,3 Opening of a nominee, segregated nominee or omnibus securities account Account 15 Opening of a pledge account Account Management of securities accounts Management of securities accounts opened in Estonian and Lithuanian Settlement Systems Owner accounts, participant own accounts and pledge accounts Market value of securities3 Management fee Month 0,25 + 0,0016% of the market value of securities Maximum rate Month 250 Maximum rate for owner accounts opened for natural Month 5 persons in Estonian Settlement System Maximum rate for owner accounts opened for legal persons in Estonian Settlement System, if there are no listed securities4 Month Nominee, segregated nominee and omnibus securities accounts Market value of securities5 Management fee Month 5 + 0,0016% of the market value of securities Management of securities accounts opened in Latvian Settlement System Management fee until Market value of securities6 Management fee for shares, investment fund units and rights Month 0,0048% of the market value of securities Management fee for debt securities of Latvian Government Month 0,0008% of the market value of securities Management fee for debt securities with portfolio value up to Month 0,0032% of the market value of securities Management fee for debt securities with portfolio value from up to Month 0,0028% of the market value of securities Management fee for debt securities with portfolio value from up to Month 0,0024% of the market value of securities Management fee for debt securities with portfolio value over Month 0,0020% of the market value of securities 1 The prices are displayed exclusive of VAT. VAT will be added according to local regulations. 2 No fee shall apply if there are only securities of companies in the state of liquidation or bankruptcy. 3 The market value shall be calculated according to the rules set out in Appendix 1 to the price list. 4 Listed securities shall mean securities that have been admitted to trading on a regulated market, a multilateral trading facility (MTF) or an organised trading facility (OTF). 5 The market value shall be calculated according to the rules set out in Appendix 1 to the price list. 6 The market value shall be calculated according to the rules set out in Appendix 1 to the price list. 2(6)

3 Management fee starting from Owner accounts, participant own accounts and pledge accounts Market value of securities7 Fixed management fee per account Month 0,25 Management fee for shares, investment fund units and rights Month 0,0038% of the market value of securities Management fee for debt securities of Latvian Government Month 0,0008% of the market value of securities Management fee for debt securities Month 0,0022% of the market value of securities Maximum rate Month Nominee, segregated nominee and omnibus securities accounts Market value of securities8 Fixed management fee per account Month 5 Management fee for shares, investment fund units and rights Month 0,0038% of the market value of securities Management fee for debt securities of Latvian Government Month 0,0008% of the market value of securities Management fee for debt securities Month 0,0022% of the market value of securities 1.2 Settlement Settlement of T2S eligible securities Night-time settlement of free-of-payment instruction Instruction 0,3 Daytime settlement of free-of-payment instruction Instruction 0,33 Night-time settlement of delivery-versus-payment instruction Instruction 0,45 Daytime settlement of delivery-versus-payment instruction Instruction 0,48 Night-time settlement of account allocation instruction Instruction 0,15 Daytime settlement of account allocation instruction Instruction 0,18 Settlement of delivery-versus-payment instruction in USD Instruction 80 Pledge instruction, pledge release instruction, amendment of Instruction per 0,45 pledge or pledgee Transfer of securities encumbered with a pledge Instruction per 3 Appropriation of pledged securities Instruction per 1,5 Portfolio transfer10 Instruction per 0,3 Daytime settlement of portfolio transfer11 Instruction per 0,33 Recycling of a settlement instruction Instruction 0,45 Settlement of instruction to transfer financial instruments Instruction 0,75 from the Initial Register Settlement of instruction to transfer financial instruments to Instruction 1,5 7 The market value shall be calculated according to the rules set out in Appendix 1 to the price list. 8 The market value shall be calculated according to the rules set out in Appendix 1 to the price list. 9 Shall be charged for each debiting and crediting instruction. 10 The total fee for portfolio transfer equals the sum of fees for settlement of all instructions per each. 11 The total fee for portfolio transfer equals the sum of fees for settlement of all instructions per each. 3(6)

4 the Initial Register Settlement of instruction in relation to market claim event Instruction 0,9 Settlement of instruction in relation to transformation event Instruction 0, Settlement of non-t2s eligible securities Redemption / early redemption of Lithuanian Savings Instruction 0,48 Notes Information and communication services Connectivity to Nasdaq CSD Service name Unit/ Configuration of connection to Nasdaq CSD Application 100 Using the connectivity endpoint for one connection Month 150 Using the connectivity endpoint for each additional Month 75 connection Configuration of access to the test environment outside Application 100 infrastructure projects One access to the test environment outside infrastructure Month 150 projects Each additional access to the test environment outside infrastructure projects Month T2S connectivity13 Number of balances on operational accounts per participant Up to 100 balances Month balances Month balances Month 350 Over balances Month A2A communication Using Nasdaq CSD Baltic Member Message Hub (BMMH) Service name MQ channel to Nasdaq CSD BMMH Month 300 Additional BIC in the same channel Month Reconciliation Number of balances on operational accounts per participant Up to 100 balances Month balances Month balances Month 40 Over balances Month Messaging Sending operational messages via Nasdaq CSD Incoming 0,02 MessageHub message Sending messages via Swift network Message 0,10 Sending messages via Swift network, when charged directly by SWIFT to the participant under the reverse billing model Incoming message 0,02 12 The service is free of charge for clients of Nasdaq CSD Lithuanian branch via Savings Notes portal. 13 The fee is applicable to T2S Indirectly Connected Participants and also to T2S Directly Connected Participants that are using T2S information services via Nasdaq CSD 4(6)

5 1.4 Reports and queries Service name Unit/ Securities account statement via web interface Statement 0,3 Notice of the opening of a securities account Notice 0,3 Using of proprietary queries/ notifications14 Month 25 Corporate Action notification for zero balances15 Month 75 Corporate Action report in non-iso standard Month Intermediary services Buyer protection16 Buyer 60 protection event Investor CSD services Under a separate agreement for using the services of each Issuer CSD 14 E.g. queries and notifications related to restrictions. 15 Exempt if the CSD participant operates a securities account, which has a balance in the security which the CA notification is related to. 16 The fee is applicable if Nasdaq CSD needs to be involved in the buyer protection process. 5(6)

6 2. ADDITIONAL SERVICES 2.1 Liquidity management Configuration of T2S Indirectly Connected Participant Payment Application 30 Bank for using T2S liquidity services T2S cash forecast query Query 0,5 T2S Dedicated Cash Account (DCA) balance query Query 0,5 T2S DCA cash postings query Query 0,5 + 0,01 per each reported business item in the response to T2S DCA cash postings query Liqudity transfer from DCA to Target 2 account Transfer 1,3 Liquidity transfer from one DCA to another DCA Transfer 0,5 2.2 Special queries17 range Unit Minimum rate Query 25 Maximum rate Query Consultation services Professional consultation Hour 90 Training Half day 200 Training Full day Mailing Domestic Letter 1 Abroad Letter 2 The CSD participant or T2S Indirectly Connected Participant Payment Bank, whose activities led to the determination of a contractual penalty or the use of an additional service fee as a result of which Nasdaq CSD incurred additional expenses, shall compensate for all such additional expenses. 17 Dependent on complexity of replying to the query by agreement with the customer. The minimum rate of the query fee shall apply if replying to the query does not require any data processing operations with significant complexity and the reply to the query does not exceed rows. 6(6)