In 1994 the JSE moved from a fixed scale of brokerage to a partially negotiated system. Brokerage on the portion of trades above R3 million became subject to negotiation between the client and the stockbroker. With the implementation of the ATS and dual trading capacity, brokerage on all transactions will be fully negotiable between the client and the stockbroker.
Whilst every care has been taken in the preparation of this article, the JSE is not responsible for any errors or omissions contained therein. Readers should therefore study the original Act, rules and other documents referred to or consult with the JSE before acting on any information supplied.
For further information kindly contact: JSE Public Relations Department, PO Box 1174, Johannesburg 2000. Tel: 377 2200; Fax: 834 7402; or do a text search "Johannesburg Stock Exchange" and "Business Monitor".