Pricelist

Pursuant to the Article 37 of the Rulebook on Stock Exchange Brokers' Dealings (Official Gazette of the Republic of Srpska No. 67/12, 5/13 and 32/16), the Article 14 of the Rules on the Operation of the Broker-Dealer Company Eurobroker a.d. Banja Luka (hereinafter: Eurobroker), and the Article IX, paragraph 1 of the Company's Founder Society, Saša Grbić as an attorney of Adam Vitarigov, on behalf of the Assembly of the Broker-Dealer Company Eurobroker a.d. Banja Luka, on 22nd January 2018, shall make

THE DECISION ON FEES FOR SERVICES
OF THE BROKER-DEALER COMPANY EUROBROKER AD BANJA LUKA


I – TRADING SECURITIES AT ORGANISED MARKETS

The fee value shall be calculated in accordance with the value of realised deals for the client upon an order as follows:

1. Buying and selling securities

Deal value (BAM) Broker's commission Brokerage commission
of the office*
from to selling deals buying deals selling deals buying deals
0.00 100.00 BAM7.50 BAM7.50 BAM12.50 BAM12.50
100.01 500.00 BAM10.00 BAM10.00 BAM15.00 BAM15.00
500.01 1,000.00 BAM20.00 BAM20.00 BAM25.00 BAM25.00
1,000.01 2,000.00 BAM30.00 BAM30.00 BAM35.00 BAM35.00
2,000.01 3,000.00 1.60% 1.30% 2.20% 1.90%
3,000.01 5,000.00 1.50% 1.20% 2.10% 1.80%
5,000.01 8,000.00 1.40% 1.10% 2.00% 1.70%
8,000.01 15,000.00 1.10% 1.00% 1.70% 1.60%
15,000.01 20,000.00 1.00% 0.90% 1.60% 1.50%
20,000.01 50,000.00 0.90% 0.80% 1.50% 1.40%
50,000.01 100,000.00 0.70% 0.60% 1.30% 1.20%
100,000.01 500,000.00 0.60% 0.50% 1.20% 1.10%
500,000.01   0.50% 0.40% 1.10% 1.00%

*All fees given in the column "brokerage commission of the office" refer only to the offices of the companies with which t Eurobroker has signed the Contract on Business and Technical Cooperation, and not to the Eurobroker offices.

2. Buying and selling securities online (eTrading)

The fee for trading securities online (eTrader) is fixed 0.34%, with the minimal commission of BAM5.00.

3.  Commissions for the professional-institutional investors:

For all transactions, the commission is fixed 0.27%, without the minimal commission.

4. Buying and selling short-term securities (treasury bills and other short-term securities with one-year due):

Deal value (BAM) Broker's commission
from to selling deals buying deals
0.00 500,000.00 0.10% 0.10%
500,000.01 10,000,000.00 0.04% 0.04%
10,000,000.01   0.03% 0.03%

Note:
The brokerage commission amounts referred to in points 1, 2, 3 and 4 do not include the commission costs of the Banja Luka Stock Exchange a.d. Banja Luka, the commissions of the Central Registry of Securities a.d. Banja Luka as well as the costs of banking transactions, PTT services, taxes and fees for other services listed in the point VIII of this Decision, unless otherwise provided by an annex to the contract. The specified commissions are calculated according to the valid pricelist of the mentioned institutions. A commission that a client is obliged to pay to a broker is a brokerage commission plus the above mentioned costs.

5. The service of organising auctions at the Banja Luka Stock Exchange

The fee for organising auctions to sell a package of securities at the Banja Luka Stock Exchange is BAM100.00.

6. Buying and selling securities at foreign markets

The fee for trading at foreign markets cannot be less than $5.00 or more than 2% of the transaction value.
The minimal payment for opening an account at foreign markets is $5,000 or equivalent to the dollar amount.
The maximal monthly commission for running a foreign account (monthly activity commission) is $10.00 or equivalent to the dollar amount.

Note: Payments of financial assets for trading at foreign exchange markets are exclusively made in convertible marks (BAM), after which they are converted into the currency of the country where the client intends to trade. All fees expressed in USD currency represent the counter value in BAM at the official exchange rate of the BiH Central Bank on the payment day. We warn all clients who trade at foreign markets that there is a currency risk, i.e. the change in the official currency rate of the country in which the client is trading, the course of which is published on a daily basis by the BiH Central Bank. The fees do not include the costs of conversion in the reference currency and the costs of a commercial bank through which payment is made, nor any possible tax costs. The specified fees are calculated according to the valid pricelist of the commercial bank and the competent institution.

II – TRADING OR TRANSFERRING THE OWNERSHIP OF SECURITIES OUTSIDE THE ORGANISED MARKET

1. The fee for transferring the ownership of securities outside the organised market under the Contract on Gift is 0.40% of the nominal value, being at least BAM10.00 i.e. at most BAM250.00.
2. The fee for transferring the ownership of securities outside the organised market pursuant to inheritance is BAM10.00 upon an order (upon a security).
3. The fee to register the right to pledge the securities is 0.10% of the nominal value, being at least BAM30.00 i.e. at most BAM1,000.00.
4. The fee to delete the right to pledge the securities is BAM30.00 upon an order.
5. The fee to register and delete the right to fruitfulness of the securities is BAM30.00.

Block deals: The block transaction fee is 0.39% of the block transaction value. The fee is paid both by the buyer and the seller, in case both investors are Eurobroker's clients.

Note: Costs of the Banja Luka Securities Exchange a.d. Banja Luka, the Central Securities Registry a.d. Banja Luka, fees for other services referred to in the point VIII of this Decision, as well as any tax costs are not included into the fees. The specified commissions are calculated according to the valid pricelist of the mentioned institutions.

III – SERVICES RELATED TO THE TAKEOVER OF CORPORATIONS

If Eurobroker and the bidder conclude a contract which stipulates that Eurobroker on behalf of and for the account of the bidder provides a professional conducting of the corporation takeover procedure and a collecting and processing of orders to accept the takeover bids, the service price shall be calculated as follows:

Commission for the bidder

1. The fixed part of the fee depends on the value of the shares that are the subject of the takeover at the takeover price and amounts to:
  • the fixed fee of BAM3,000.00 for the nominal value of shares up to BAM300,000.00;
  • the fixed fee of BAM4,000.00 for BAM300,001.00 to BAM 600,000.00;
  • the fixed fee of BAM5,000.00 for BAM600,001.00 to BAM1,000,000.00;
  • the fixed fee of BAM8,000.00 for BAM1,000,001.00 to BAM3,000,000.00;
  • the fixed fee of BAM15,000.00 for BAM3,000,001.00 to BAM10,000,000.00;
  • the fixed fee is specifically negotiated with the client for the nominal value of the shares that are the subject of the takeover over BAM10,000,000.00.
2. The variable part of the fee is calculated according to the value of the deposited shares at the price of the shares in the takeover and cannot be more than 3% of this value.

If Eurobroker concludes a contract with the bidder, which stipulates that Eurobroker exclusively collects and processes the orders for accepting the takeover bid, on behalf of and for the account of the bidder, the service price is calculated only pursuant to the point 2

Commission for the client who accepts the takeover bid

3. The fee for receiving and entering the order for accepting the takeover bid into the system is calculated pursuant to the point I, paragraph 1 of this Decision, and the value of the order for accepting the takeover bid (the number of shares * the takeover price)

Note: This service price does not include the fees of the Securities Commission, the Banja Luka Stock Exchange, the Central Registry of Securities, or other fees paid by the bidder during the corporation takeover, and they are not related to the exclusive competence of the broker.

IV – ISSUER DEALS

The fee for the issuer deal services is negotiated with the client by the contract on the performance of the issuer activities. The fee may not be less than BAM3,000.00 nor more than 3% of the total issuance value.

Note: Taxes and other related costs are not included in the amount of the fee.

V - INVESTMENT COUNSELLING

The fee for investment counselling is BAM400.00 per hour.

VI - REPURCHASE TRANSACTIONS

From 0.5% - 1.00% of the loan value, min. BAM45.00, max. BAM450.00.

VII - MULTILATERAL COMPENSATIONS

1.    The registration of new participants of the multilateral compensation system costs BAM10.00.
2.    The change of data within the multilateral compensation system costs BAM5.00.
3.    The entry of warnings to the debtors costs BAM2.00.
4.    The commission of compensated obligations:

value of the compensated obligations (BAM) commission
from to  
0.00 10.00 no commission
10.01 500.00 2%
500.01 1,000.00 1%
1,000.01 5,000.00 0.50%
5,000.01 10,000.00 0.30%
10,000.01   0.20%

Note: The fee is charged only in the case of compensating the included obligations in accordance with the client's compensated obligations, as listed in the table. The broker's commission does not include any commission costs of the Banja Luka Stock Exchange a.d. Banja Luka nor any bank costs. The given commissions are calculated in accordance with the valid pricelists of the mentioned institutions.

VIII – OTHER SERVICES

1. The fee for opening a proprietary account with CRS is BAM5.00 for natural persons and BAM10.00 for legal persons.
2. The fee for opening and closing the client account is not charged.
3. The fee for transferring securities from the client's account in the owner's account on the request of the client is BAM2.00 per transfer order (per security) for all clients, except institutional and professional investors.
4. The fee for correcting any personal data of the owner of the securities is BAM5.00.
5. The fee for sending a transaction report - calculation via the sms option is BAM0.20 per message.
6. The fee for sending a transaction report - calculation via fax is BAM0.50 per post.
7. The fee for sending a transaction report - calculation by mail is charged in accordance with the valid pricelist of the Republic of Srpska Post Office.
8. The fee for sending a transaction report - calculation via email, viber and personally is not charged.
9. The fee for sending month and annual reports (portfolio calculation and financial statements) is not charged.
10. The fee for sending extraordinary reports (portfolio calculation and financial statements) on the client's request is BAM5.00.
11. The fee for managing client accounts for those clients who keep their money in the client account is BAM1.00 and the payment is executed only and exclusively for those accounts which are not active, i.e. in those accounts which had no transactions within a calendar month, but on which money is stored (monthly activity commission).
12. The fee for receiving written correspondence in Bosnia and Herzegovina on behalf and for the account of a client is BAM2.00 per month.
13. The fee for loans per one day is 0.05% of the loan value.
14. The fee for collecting of revenues (dividends, coupons, interests and other revenues) for the local market is 0.25%, minimally BAM30.00. The fee is charged on the amount paid.

Note: The commission amounts referred to in point VIII do not include the commission costs of the Central Registry of Securities a.d. Banja Luka as well as the costs of banking transactions, PTT services, taxes, unless otherwise provided by an annex to the contract. The specified commissions are calculated according to the valid pricelist of the mentioned institutions.

IX – NOTE:

1. THE FEE FOR TRADING AT STOCK EXCHANGES AT WHICH EUROBROKER EXECUTES ORDERS BY A SPECIAL CONTRACT WITH THE BROKER - PARTNER WHO ISSUES – OPENS ORDERS OR EXECUTES ORDERS, EUROBROKER NEGOTIATES WITH EACH PARTNER SEPARATELY. EUROBROKER IS OBLIGED TO TIMELY FAMILIRIZE THE CLIENT WITH TRADING TERMS AND COMMISSIONS OF THE BROKER-PARTNER. THE PART OF THE SERVICE PRICE OBTAINED BY EUROBROKER CANNOT EXCEED THE AMOUNT REFERRED TO IN THE POINT (I) OF THIS DECISION.
2. ALL SERVICE FEES GIVEN ABOVE DO NOT INCLUDE COSTS OF THE COMPETENT INSTITUTIONS (STOCK EXCHNAGE, CENTRAL REGISTRY OF SECURITIES, COMMISSION FOR SECURITIES), TAXES, PAYMENTS FROM MONEY TRANSFERS IN THE COUNTRY AND ABROAD AND PTT COSTS, UNLESS OTHERWISE PROVIDED BY AN ANNEX TO THE CONTRACT. THE COSTS ARE CALCULATED IN ACCORDANCE WITH THE VALID PRICELIST OF THE MENTIONED INSTITUTIONS.
3. EUROBROKER RESERVES THE RIGHT TO NEGOTIATE WITH THE CLIENT THE SERVICE PRICE DIFFERENT FROM THE ONE GIVEN IN THE PRICELIST, BUT THE CONTRACTUAL PRICE MUST BE MORE SUITABLE FOR THE CLIENT THAN THE ONE GIVEN IN THE PRICELIST.
4. THE DECISION ON FEES ENTERS INTO POWER ON THE EIGHTH DAY OF RECEIVING THE CONFIRMATION BY THE COMMISSION FOR SECURITIES OF THE REPUBLIC OF SRPSKA.
5. THIS DECISION IS APPROVED BY THE COMMISSION FOR SECURITIES OF THE REPUBLIC OF SRPSKA NO. 01-UP-56-88-2/18 OF 6TH MARCH 2018.

Saša Grbić as an attorney of Adam Vitarigov
acting as the Assembly of Eurobroker a.d. Banja Luka

ADDRESS

Broker - dealer company "Eurobroker"a.d. Banja Luka

 Street : Kralja Alfonsa XIII 26, Banja Luka

 Email : office@eurobroker.ba

 Phone : +387 51 230 820

Viber : +387 66 770 077

Skype : eurobroker2001

Search