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VPS price transparency and price reductions

VPS price transparency and price reductions

A wide-ranging process is under way within the EU aimed at harmonising the European securities market. VPS has played its part by signing an EU Code of Conduct designed to promote pricing transparency and freedom of choice for investors in relation to cross-border trading and settlement of securities.

Information on the Code of Conduct and on VPS' fees and charges is available here at www.vps.no . In addition VPS has decided to change its price structure and to lower settlement prices as from 1 April 2007.

The price per trade is NOK 4.50. The discount system has been replaced by an identical unit price payable by all, and brokerage-dependent monthly fees have similarly been replaced by an identical charge payable by all brokers. This will particularly benefit high-volume brokers. Overall price reductions for the settlement area come to about 7 per cent.

"We believe the price reductions will help to strengthen the competitiveness of VPS and the Norwegian market", says Jan Hellstrøm, President and CEO of VPS.

VPS Pricelist 2007 (175.23 kB)

Priceexamples

VPS Price List

VPS Pricelist

Price list for 2009 - valid from November 1, 2009:

Published October 30, 2009. Last updated October 30, 2009.

Free entrance for new brokers in VPO in 2010

Investment firms who enter VPS in 2010 will not be charged entrance fee (NOK 150.000). The monthly fee for participation is payable from start.

 

Supplement to ’ Lower fees for equities clearing and settlement ’.
When CCP clearing is introduced on 30 April 2010, VPS will introduce a new specific fee for cleared (netted) settlement instructions. This price will be NOK 6,00. At the same time VPS will introduce functionality for partial delivery. Each partial delivery will cost NOK 4,00.