The Capital Markets (Derivatives Markets) (Fees) Regulations

Legal Notice 127 of 2019

This is the latest version of this Legal Notice.
Citation
Legal Notice 127 of 2019
Primary work
Capital Markets Act
Date
31 December 2022
Language
English
Type
Legal Notice
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LAWS OF KENYA

CAPITAL MARKETS ACT

THE CAPITAL MARKETS (DERIVATIVES MARKETS) (FEES) REGULATIONS

LEGAL NOTICE 127 OF 2019

  • Published in Kenya Gazette Vol. CXXI—No. 105 on 16 August 2019
  • Commenced on 16 August 2019
  1. [Revised by 24th Annual Supplement (Legal Notice 221 of 2023) on 31 December 2022]

1. Citation

These Regulations may be cited as the Capital Markets (Derivatives Markets) (Fees) Regulations.

2. Fees

The fees charged for exchange traded derivatives transactions on a derivatives exchange shall be as specified in the Schedule.

SCHEDULE [r. 2]

FEES

ProductFee componentFee BandMaximum Fee (per value of contract)
Equity IndexFuturesContractExchange FeesN/A0.02%
Clearing MemberFees0%-100% of Exchange Fees0.02%
Trading MemberFees0%-400% ofExchange Fees0.08%
Investor ProtectionFundN/A0.01%
Statutory FeeN/A0.01%
Total ContractFees 0.14%
Single StockFuturesContractExchange FeesN/A0.025%
Clearing MemberFees0%-100% ofExchange Fees0.025%
 Trading MemberFees0%-400% ofExchange Fees0.10%
Investor ProtectionFundN/A0.01%
Statutory FeeN/A0.01%
Total ContractFees 0.017%
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History of this document

31 December 2022 this version
16 August 2019
Commenced