SFC announces a 25% reduction in levy on trading in securities and futures and options contracts

17 September 2010 | 1 minute read

Securities and Futures Commission (SFC) has announced a reduction of 25% in the levy payable on trading in securities and futures or options contracts with effect from 1 October 2010, according to a statement. According to Martin Wheatley, SFC’s chief executive officer, “We have decided to reduce the levy after a careful review of our reserves position. We believe the…

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