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Spanish exchange MEFF will cap the maximum fee per trade at 100 while reducing the standard fee to 0.05 per contract on European stock futures.
The 75% discount of the standard cap and fee will run to 31 December and does not relate to domestic Spanish stocks
“The banks are investors too. I can’t favour investors with inside information – that’s basically what this is.”
TAM's treasurer voices frustration with Brazil’s new derivatives registration initiative.