001/27022015 /
London Stock Exchange introduces amendments to membership fee discounts and change to invoicing period
Annual London Stock Exchange membership fees remain unchanged, however in order to align the Membership Price List to the new accounting reference date, set to 31 December, from 2016, the annual membership fee will be invoiced in January for the 12 months commencing 1 January 2016. For the period from April 2015 to December 2015, the Annual Membership Fee will be invoiced on a pro-rata 9 month basis and will be equal to £9,375.
From April 2015 the annual credit against fees for trading and trade reporting of equities, ETFs and ETPs will only be made available for Private Client Brokers. This is in line with London Stock Exchange’s initiatives to support wider retail participation in LSEG markets.
The 20% cross access discount for Borsa Italiana members will no longer apply from April 2015.
All changes are reflected in the London Stock Exchange Membership Price List effective 1 April 2015 available at:
In line with the above, annual fees for non-member firm OTC trade reporting also remain unchanged but please note from 2016 the annual service charge for non-member firm OTC trade reporting will be invoiced for 12 months commencing 1 January 2016. For the period from April 2015 to December 2015, the annual service charge will be applied on a 9 month pro-rata basis and will be equal to £750.
All changes are reflected in the London Stock Exchange Trading Services Price List effective 1 April 2015 available at:
For all enquiries please contact:
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Service Announcement001/27022015 /
London Stock Exchange introduces amendments to membership fee discounts and change to invoicing period
Relates to
Exchange(s)
—London Stock Exchange
Environment
—Production
Type
—Service Update
Product(s)
—Membership
Additional Information
If you have any queries about this announcement please e-mail:
If you have any technical queries please contact your Technical Account Manager on 020 7797 3939 or .
An archive of previously issued service announcements is available in the technical library section of London Stock Exchange's Internet site
Customers are reminded that London Stock Exchange may broadcast test data from its Production environment at the weekends which should be discarded and not processed.
Customers are reminded that London Stock Exchange may extend or re-enter the Post Close session for instruments or segments in order to perform necessary end of day activities.
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