JCSD USD Market Fees

The Jamaica Central Securities Depository Limited

USD FEES – Effective January 01, 2022

Services
Fees 2022 ($)
MOVEMENT FEES
  1. Inter Member Movements
  2. Intra Member Movements
  • 4
  • 4
INTER CSD FEES (Quoted in USD)
  1. Inter CSD – Regular
  2. Inter CSD – Express ( In addition to Regular Fee)
  • 40
  • 40
PLEDGE FEES
  1. Pledges with a value of up to US$4,000
  2. Pledges with a value of over US$4,000
  3. minimum fee for pledges with a value of over US$4,000
  • 12
  • 20 bps of the market value
  • 22
SETTLEMENT FEES
  • 3 bps of the value of the trade
SETTLEMENT DEFAULT FEES
  1. standard default fee of J$200,000 plus
  2. 1.5% of the Broker’s cash obligation each day up to two (2) days plus
  3. 3% of the Broker’s cash obligation each day for day three (3) onwards
BONUS ISSUE/STOCK SPLIT (per account)
  • 4
CUSTODY/SAFE KEEPING FEES
  • 1bp
* Fees are reviewed annually
* All Fees except settlement fees attract GCT