23 November, 2021
JMP Markets – Market Alert
Capital Markets Development Fund Levies
Please be advised that the previous orders relating to the Capital Markets Development Fund Levies of the 10th February have been revoked and the new orders dated 24th of September come into effect 60 days from the date of the order.
The new levy has been reduced to 0.03% on all buy and sell trades recorded on the securities exchange. All brokers and Participating Organisation must levy the Capital Markets Development Fund Levy from the 23rd of November 2021.
Please feel free to discuss if you would like any further clarification on the adjusted levy.
Head of Fixed Interest
JMP Securities Limited
m. +61 414 529 814 t. +675 7231 9913
a. Level 1, Harbourside West, Stanley Esplanade, Port Moresby NCD Papua New Guinea
p. PO Box 2064, Port Moresby NCD Papua New Guinea w. www.jmpmarkets.com