Euronext is reducing client trading fees for transactions in Dutch individual equity and index options.
Fees for all retail investor transactions will be reduced from EUR0.40 cents to EUR0.31 cents as of 1 October, a reduction of almost 25 per cent.
From 1 November, the fee for market orders (orders at the best available price) will be further reduced to EUR0.20 cents, a 50 per cent reduction compared to the current fee.
“By lowering fees for our individual equity and index options, our aim is to respond to retail clients’ needs and promote trading on the central market. Euronext offers a broad range of products on an open, fully transparent, liquid, competitive and diversified market with a variety of trading parties and a broad diversity of flow,” says Adam Rose, head of financial derivatives at Euronext. “Our financial derivatives franchise is strong, but underexploited. We hope that this action will further drive growth and liquidity in our Dutch options market which is very popular amongst retail investors.”
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