Retail investor trading up to 50% cheaper
Amsterdam – 29 September 2014: Euronext today announces client trading fee reductions for transactions in Dutch individual equity and index options, as part of its strategic review for this vibrant retail market. Fees for all retail investor transactions will be reduced from €0.40 cents to €0.31 cents as of 1st October, a reduction of almost 25%. As from 1st November, the fee for market orders (orders at the best available price) will be further reduced to €0.20 cents, a 50% reduction compared to the current fee.
“By lowering fees for our individual equity and index options , our aim is to respond to retail clients’ needs and promote trading on the central market. Euronext offers a broad range of products on an open, fully transparent, liquid, competitive and diversified market with a variety of trading parties and a broad diversity of flow,” said Adam Rose, Head of Financial Derivatives at Euronext. “Our financial derivatives franchise is strong, but underexploited. We hope that this action will further drive growth and liquidity in our Dutch options market which is very popular amongst retail investors.”