KUALA LUMPUR: Bursa Malaysia has announced updates on the new fees imposed by the Securities Commission (SC).
In a filing, the bourse operator said the updates follow the coming into force of the Capital Markets and Services (Fees) Regulations 2025 and the Securities Commission Malaysia (Rate of Levy for Purchase or Sale of Securities and Derivatives) Order 2025, both of which took effect on Jan 1.
The announcement follows a letter received by Bursa Malaysia from the SC dated Jan 5, notifying the company of the SC fees applicable to it.
Pursuant to the fee regulation, Bursa Malaysia said the new annual fixed regulatory fee applicable to the exchange is RM28mil.
Under the Levy Order, the levy rates applicable to the purchase or sale of derivatives contracts effected on Bursa Malaysia Derivatives Bhd include a levy rate of 37.5% of the clearing fee as specified by the derivatives exchange, to be paid by a purchaser or seller in respect of the purchase or sale of derivatives effected on the derivatives exchange.
It also includes a levy rate of 37.5% of the trading fee as specified by the derivatives exchange, to be paid by a purchaser or seller in respect of the purchase or sale of derivatives effected on the derivatives exchange.
“Notwithstanding the Levy Order, there is no impact to market participants on Bursa Derivatives, as the trading and clearing fee payable by purchasers and sellers of the derivatives contracts shall remain unchanged as specified by Bursa Malaysia currently.
“Bursa Malaysia will remit the derivatives levy to the SC from the amount collected from the trading and clearing fees of the derivatives contracts for three years until 2028,” it added.
Another update is on additional fees applicable to recognised market operators under Bursa Group, pursuant to the Fee Regulation, including an annual fee of 0.3% of gross revenue earned from operating each regulated platform, or RM20,000, whichever is higher, applicable to Bursa Malaysia RAM Capital Sdn Bhd (BR Capital) and Bursa Malaysia Bonds Sdn Bhd, and a trading fee of 0.0075% of the total amount of the sale and purchase of securities transactions on a recognised market, applicable to BR Capital.
The SC’s letter dated Jan 5, confirmed a previous announcement from last Oct 17, that the total amount of SC fees payable by Bursa Malaysia to the SC will be capped at RM35mil this year, RM40mil next year, and RM45mil in 2028.
The cap on the SC fees payable by Bursa Malaysia includes a limit on the derivatives levy to be paid by the exchange of RM7mil this year, RM12mil next year, and RM17mil in 2028. Bursa Malaysia said it will continue to to manage its costs, including securing funding for market development proposals from the Capital Market Development Fund, to alleviate the full effect of the fees. — Bernama
