Muscat bourse set to cut brokerage fee of ‘day traders’ by half
In a move to improve liquidity and trading volumes, the Muscat Securities Market (MSM) has decided to cut brokerage fee or cost of transaction of ‘day traders’ on the bourse by half. The plan is to cut both fee paid by brokerage firms to the bourse, as well as the fee paid by investors/clients to their brokerage firms by 50% in the case of day trading activity. The new decision will be implemented at any time between November 1 and 15. (Times of Oman)
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