• Commission rates for internet trading and cash upfront transactions will be fully negotiable.
• The commission rate for non-internet and non-cash upfront transactions will remain unchanged but with a minimum brokerage charge of RM40 for these transactions.

This initiative is part of a phased approach towards a more deregulated, competitive and vibrant stockmarket environment. In this regard, the new measures will allow brokers to provide customers the choice of the cost-efficiencies offered by internet trading and the personal and customized service offered by dealer representatives. This creates an environment which ensures that the pricing of services are appropriate to the level of services rendered.

Overall, the gradual deregulation of pricing structures is intended to provide industry the flexibility to offer greater choice to a broader range of customers as well as to create a more competitive environment for the provision of intermediation services.