FEES FOR TRADING ON THE EXCHANGE AND FOR REPORTING OF INFORMATION ON TRANSACTIONS CONCLUDED OUTSIDE THE REGULATED MARKET

Detailed description of the fees of BSE-Sofia is available in the Tariff of fees collected by Bulgarian Stock Exchange – Sofia AD. The fees described below, with the exception when a transaction is made on the "Privatization Market", shall be due from each of the investment intermediaries which is party to the transactions, including cross transactions. The fees include VAT.

Type of instrument		Transaction value	Fee
Shares and depository receipts for shares
		not exceeding BGN 25 000 000	0.096% of the value of the transaction	Example
		from BGN 25 000 000 to BGN 75 000 000	BGN 24 000 + 0.05% of the excess over BGN 25 000 000	Example
		exceeding BGN 75 000 000	BGN 49 000 + 0.01% of the excess over BGN 75 000 000	Example
Bonds and depository receipts for bonds			0.012% of the value of the transaction	Example
Structured products			0.096% of the value of the transaction	Example
Other financial instruments			0.036% of the value of the transaction	Example
Purchase of shares listed on the Privatisation Market			0.024% of the value of the transaction	Example
Sale of shares listed on the Privatisation Market			0.024%* of the value of the transactionà	Example
Shares purchased at a Remote Public Auction			-
Shares purchased at a Centralised Public Auction			-
Reporting of information on transactions in financial instruments admitted to trading concluded outside a regular market			BGN 7.00 for a transaction	Example

For market makers

Once every month, not later than the 10th day of the current month, the Exchange shall check the extent to which the market makers concerned fulfilled its obligations as such during the last preceding calendar month. If as a result of the check no breaches of the requirements for the activity of the market maker concerned are ascertained, the Exchange shall remit the said market maker the amounts paid in transaction fees in connection with the activity thereof as market maker of the financial instrument concerned.
In these cases, in addition to the fees paid in transaction fees, the Exchange shall reimburse the relevant market-maker of shares or structured products with 0.018 (zero point zero eighteen per cent), but not more than BGN 4 500 (four thousand five hundred) of the value of each trade.