Capital Alliance

Transaction Costs
Transaction cost applicable for equity & debt securities given below:

Equity - with effect from 1st January 2011
Transactions up to Rs. 50 Million - 1.12%
Divided as follows:

Brokerage Fees	- 0.640%
CSE Fees	- 0.084%
CDS Fees	- 0.024%
SEC Cess	- 0.072%
Share Transaction Levy	- 0.300%

Transactions over Rs. 50 Million
Divided as follows:

Minimum brokerage (floor)	- 0.200%
CSE Fees	- 0.0525%
CDS Fees	- 0.0150%
SEC Fees	- 0.0450%
Share Transaction Levy	- 0.300%

(Subject to a minimum brokerage of Rs. 10/- per contract and a minimum CDS fee of Rs. 5/-)

The CSE trading records will indicate the brokerage as zero for transactions over Rs. 50 Mn. The Broker Firms are expected to insert 0.2000% or a higher percentage which is negotiated with the client as the brokerage before printing the Bought/Sold Notes.

Intra day Trading
With effect from 15th February 2006, the transaction fee due to the broker, CSE, CDS and SEC on intra day trades, where a client buys and sells or sells and buys the same security on the same day through the same broker will not be charged on one side of the transaction.

(Please note that Share Transaction Levy will be charged on both sides of the Transaction)
- In the event the total number of shares purchased does not equal the total number of shares sold, the transaction fees as detailed above will not be levied on the lower quantity of shares either purchased or sold.
- In the event the total quantity purchased is equal to the total quantity sold the transaction fees will not be levied from the sales transaction.
Please note that the total purchases and sales of a client in the same security will be considered for purpose of determining the exemption of the Brokerage, CSE, CDS and SEC fees (transaction fee).

Eg:
i. Client X's trades in ABC shares on particular day

Bought 1,000 shares

Sold 1,000 shares

Bought 4,000 shares

Sold 2,000 shares

Sold 1,000 shares

Total Purchases = 5,000 shares
Total Sales = 4,000 shares

No transaction fee will be levied on the 4,000 shares sold, apart from the Share Transaction Levy.

ii. Client V's trades in ABC shares on a particular day

Bought 500 shares

Sold 1,000 shares

Bought 300 shares

Sold 500 shares

Bought 100 shares

Total Purchases = 900 shares
Total Sales = 1,500 shares

No transaction fee will be levied on the 900 shares purchased, apart from the Share Transaction Levy.
Odd lots, Crossing and AON trades will not be considered for the exemption of Brokerage, CSE, CDS and SEC fees.

Note
A Member Firm may share 50% of the brokerage with a foreign broker if a foreign broker is involved in a transaction.

Corporate Debt
Brokerage - Negotiable
Fees (SEC, CSE & CDS) - 2 Basis Points (D ivided equally amongst the three institutions)
Government Debt
Brokerage - Negotiable
Fees (SEC, CSE & CDS) - Nil

Closed End Funds
Fees based on a Percentage (%) of the Transaction value

Brokerage Negotiable with a Cap of 1 %

CSE Fee 0.02%

CDS Fee 0.01%

SEC Cess 0.02%

Share Transaction Levy will not be applicable for units of Closed-end Funds.

Colombo Stock Exchange
Level 4, West Block,
World Trade Center, Echelon Square,
Colombo 01, Sri Lanka.
Tel:+94(11)2446581 (Hunting)
Fax:+94(11)2445279
E-mail: info@cse.lk
Website: www.cse.lk

Stock Broking

Stock Broking FAQ

Stock Broking Transactions

Bought	1,000 shares
Sold	1,000 shares
Bought	4,000 shares
Sold	2,000 shares
Sold	1,000 shares

Bought	500 shares
Sold	1,000 shares
Bought	300 shares
Sold	500 shares
Bought	100 shares

Brokerage	Negotiable with a Cap of 1 %
CSE Fee	0.02%
CDS Fee	0.01%
SEC Cess	0.02%