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Commissions
COMMISSION

             

From 17 June 2006, trading commission shall be calculated as follows:  

 

1-      The maximum commission is (0.0012) of the trade value.

2-      The minimum commission imposed will be SR (12.00) for any executed order equal or less than SR (10,000).

3-      Authorized Persons may agree with their customers to apply a lower commission than specified above (commission  discount). This discount has to be agreed and documented in advance. Records must be maintained for all discounts.  

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