Sviaz-Bank Introduces New Brokerage Rates
OREANDA-NEWS. August 19, 2010. Sviaz-Bank introduced new rates that it now charges customers on the securities market and futures market. The new line of products will include Bazovy (Basic), Universal’ny (Universal), VIP, Subbroker, Bazovy-Forts (Basic-Forts), and VIP-Forts rate, reported the press-centre of Sviaz-Bank.
The Basic rate is designed for beginning investors who do not make transactions on the stock market frequently. More active traders are offered the Universal rate, with commission charged on and written off it daily depending on the turnover.
A special rate for affluent customers, VIP, has been developed for people who appreciate individualized approach and want their transactions to be fully monitored. A Subbroker program has been developed for broker companies working to a subbroker scheme through the Bank.
Traders engaging in regular transactions in the RTS futures market can choose between two rates – Basic-Forts (commission is charged daily as a fixed rate per number of contracts in a transaction) and VIP-Forts (commission is charged as a fixed rate per number of contracts in a transaction, but with a minimum restriction on the aggregate commission a month).
The new rates are introduced at the Bank’s Head Office in Moscow and at regional branches. Customers will continue to be monitored within the framework of their previous brokerage services agreements.
All amendments and additions to the Rules of Customer Service in the Securities Market and the Futures Market of Sviaz-Bank Commercial Bank OJSC are available on the Bank’s site in the section Stock Market Transactions, or at the Bank’s Brokerage Service and Trust Management Department at telephone number +7 (495) 228-38-06.
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