Exchanges' contacts
| Exchange name | Address and contacts | Commissions and fees |
| World Federation of Exchanges | www.world-exchanges.org | no info |
| American Stock Exchange | 86 Trinity Place New York, New York 10006-1872 Phone: (212) 306-1000 Fax: (212) 306-1644 www.amex.com |
Commission: 2-10% based on volume; negotiable |
| Amsterdam Exchanges | Postbox 19163 1000 GD Amsterdam The Netherlands Phone: (31 20) 550-4444 Fax: (31 20) 550-4803 |
Commission: Negotiable; no minimum |
| Athens Stock Exchange | 10, Sofokleus Street Athens 105 59 Greece Phone: (30 1) 32-10424 Fax: (30 1) 32-13938 |
Commission: 0.5-1% based on value; minimum of 100 drachma Clearing Fees: 0.005% of transaction value Transfer Charge: 0.09%, registered shares only Rights on Bearer Shares: 0.011% of transaction value |
| Australian Stock Exchange | Exchange Centre, 20 Bond Street Sydney, NSW 2000 Australia Phone: (612) 9227-0000 Fax: (612) 9235-0056 www.asx.com.au |
Commission: 0.5-2.5%; negotiable; Minimum A$30-120 Stamp Duty: A$0.3 per A$100; buyer & seller |
| Barcelona Stock Exchange | Bolsa de Barcelona Llotja de Mar Building, Passeig Isabel II, 1 08003 Barcelona Spain Phone: (34 93) 401-3555 Fax: (34 93) 401-3625 |
Commission: Negotiable Settlement Fee: 15-250 pesetas based on volume Exchange Fee: 0-2,250 pesetas based on volume Note: No Commission/Exchange fee on trades under 5,000 ptas. |
| Bogota Stock Exchange | Bolsa de Bogota S.A. Carrera 8 No. 13-82 pisos 7-8-9 Santa Fe de Bogota Colombia Phone: (57 1) 243-6501 Fax: (57 1) 281-3170 |
Commission: 0 - 1%; fully negotiable |
| Bombay Stock Exchange | www.bseindia.com | no info |
| Brussels Stock Exchange | Bourse de Valeurs Mobilieres de Bruxelles Palais de la Bourse, Brussel 1000 Bruxelles Belgium Phone: (32 2) 509-1211 Fax: (32 2) 511-9500 |
Commission: 200 francs & 0.4-1% based on volume; negotiable above 20 million francs Transaction Tax: 0.17%; buyer & seller Supplementary Fee: 0.03%; 6,000 francs maximum |
| Budapest Stock Exchange | Budapesti Ertektozsde H-1052 Budapest Deak Ferenc u. 5. Hungary Phone: (36 1) 429-6700 Fax: (36 1) 429-6800 www.bse.hu |
Commission: 0.5 - 1.5%; variable |
| Buenos Aires Stock Exchange | Bolsa de Comercio de Buenos Aires Sarmiento 299, 2 piso 1353 Buenos Aires Argentina Phone: (54 1) 316-7180 Fax: (54 1) 316-7181 |
Commission: Negotiated Stock Exchange Fee: 0.10% Stock Market (MVBA) Fee: 0.08% |
| Caracas Stock Exchange | Bolsa de Valores de Caracas Edificio Atrium, Calle Sorocaima entre Avenidas Tamanaco y Venezuala Nivel PB, Urb. El Rosal, Apartado Postal 62724-A Chacao 1060-A Caracas Venezuela Phone: (58 2) 905-5511 Fax: (58 2) 952-2640 |
Commission: Variable; determined by brokers |
| Chicago Board of Trade | www.cbot.com | no info |
| Chicago Board Options Exchange | www.cboe.com | no info |
| Chicago Merchant Exchange | www.cme.com | no info |
| Chicago Stock Exchange | www.chicagostock.com | no info |
| Copenhagen Stock Exchange | Kobenhavns Fondbors Nikolaj Plads 6, P.O. Box 1040 DK-1007 Copenhagen K Denmark Phone: (45) 393-3366 Fax: (45) 3312-8613 www.cse.dk/kf |
Commission: 0.025 - 0.15%; negotiable Stamp Duty: 0.5% by seller |
| Dhaka Stock Exchange | dsebd.org | no info |
| Dalian Commodity Exchange | www.dce.com.cn | no info |
| Dow Jones Indexes | www.djindexes.com | no info |
| Euroland | www.euroland.com | no info |
| EuroNext | www.euronext.com | no info |
| French Stock Exchange | www.soficom.fr/us www.bourse-de-paris.fr | no info |
| FTSE Index | www.ftse.com | no info |
| German Stock Exchange | Deutsche Borsenplatz 7-11 60284 Frankfurt/Main Germany Phone: (49 69) 2101-5167 Fax: (49 69) 2101-3601 |
Commission: 0.06%; lower on large orders Bank Commission: 1%; negotiable |
| Helsinki Stock Exchange | Helsingin Arvopaperiporssi Oy PL 361 00131 Helsinki Finland Phone: (358 9) 173-301 Fax: (358 9) 1733-0399 www.hex.com/en |
Commission: 1% average; negotiable |
| Hong Kong Futures Exchange | www.hkfe.com | no info |
| Hong Kong Stock Exchange | The Stock Exchange of Hong Kong Ltd. 1st Floor, 1 and 2 Exchange Square Central Hong Kong Phone: (852) 2522-1122 Fax: (852) 2810-4475 www.hkex.com.hk |
Commission: At least 0.25%; HK$50 minimum Transaction Levy: 0.011%; buyer & seller Trading Tariff: HK$0.50 per transaction Stamp Duty (Registered Securities): HK$1.25 per HK$1,000; buyer/seller Stamp Duty (Bearer Securities): HK$3 per HK$100, upon issue by receiver Transfer Deed Stamp Duty: HK$5. Payable by seller on each new transfer deed Transfer Fee: HK$2.5 per new share certification issued |
| International French Futures and Options Exchange | www.matif.fr | no info |
| Istanbul Stock Exchange | Istanbul Menkul Kiymetler Borsasi Rihtim Caddesi No. 245, Karakoy 80030 Istanbul Turkey Phone: (90 212) 298-2100; (90 212) 252-4800 Fax: (90 212) 298-2500; (90 212) 252-4915 www.ise.org |
Commission: Negotiable; 1% maximum. |
| Italian Stock Exchange | Borsa Valori Italiana Piazza Degli Affari 6 20123 Milan Italy Phone: (39 02) 72426-1 Fax: (39 02) 72004-333 |
Commission: 0.7% maximum Stamp Duty: 50 lire per 100,000 lire or fraction. Minimum 3,000 lire per transaction Special Note: No stamp duty for non residents. No duty on transactions below 400,000 lire. |
| Irish Stock Exchange | www.ise.ie | no info |
| Jakarta Stock Exchange | Gedung Bursa Efek Jakarta Jalan Jendral Sudirman Kav. 52-53 Jakarta 12190 Indonesia Phone: (62 21) 515-0515 Fax: (62 21) 515-0550 www.jsx.co.id/ |
Commission: 1%. Buyer and seller. Stock Exchange Levy: 0.1% Stamp Duty: Rp. 1,000/transaction Value Added Tax: 10% on commission |
| Jamaica Stock Exchange | www.jamstockex.com | no info |
| Johannesburg Stock Exchange | The Johannesburg Stock Exchange 17 Diagonal Street, P.O. Box 1174 Johanesburg 2001 South Africa Phone: (27 11) 377-2200; (27 11) 833-6580 Fax: (27-11) 836-6454; (27 11) 834-3937 |
Commission: 0.21%-1.4%. Basic charge of 15 rand. Negotiable on trades of 200 rand or less. Negotiable commissions on portions of trades over 3 million rand. Value Added Tax: At standard rate on commission Marketable Securities Tax: 0.5% Stamp Duty: 1% (on registration) |
| JSE Securities Exchange | www.tsx.com | no info |
| Korea Stock Exchange | 33 Yoido-dong, Youngdeungpo-Ku Seoul 150-010 Korea Phone: (82 2) 780-2271 Fax: (82 2) 786-0263 sm.krx.co.kr/webeng |
Commission: 0.6% maximum; negotiable Securities Transaction Tax: 0.45% (seller) |
| Kuala Lumpur Commidities Exchange | www.klce.com.my | no info |
| Kuala Lumpur Stock Exchange | Exchange Square, 4th Floor
Off Jalan Semantan, Damansara Heights 50490 Kuala Lumpur Malaysia Phone: (60 3) 254-6433 Fax: (60 3) 255-7463 www.klse.com.my |
Commission: 1%; 5 ringgit minimum; buyer & seller Clearing Fee: 0.05% Deposit Fee: 10 ringgit per scrip (applies to investors using Central Depository System) Withdrawal Fee: 15 ringgit per 1,000 shares (applies to investors using Central Depository System) Transfer Fee: 10 ringgit (applies to investors using Central Depository System) Account Opening Fee: 10 ringgit (applies to investors using Central Depository System) Statement Fee: 1 ringgit (applies to investors using Central Depository System) |
| LIFFE | www.liffe.com | no info |
| Lisbon Stock Exchange | Bolsa de Valores de Lisboa (BVL) Edificio da Bolsa, Soeiro Pereira Gomes 1600 Lisboa Portugal Phone: (351 1) 790-9904; (351 1) 795-2031 Fax: (351 1) 795-2021; (351 1) 795-2024 |
Commission: 0.25 - 0.5% based on volume; trades over 50 million escudos exempt Stock Market fee: 0.04% Stamp Duty: 6% of commission (buyer & seller) |
| London Metal Exchange | www.lme.co.uk | no info |
| London Stock Exchange | Old Broad Street London EC2N 1HP United Kingdom Phone: (44 171) 797-1000 Fax: (44 171) 374-0504 www.londonstockexchange.com www.londonstockex.co.uk |
Commission: Negotiable Stamp duty: 0.5% on share transfer |
| Luxembourg Stock Exchange | Bourse de Luxembourg 11, avenue de la Porte-Neuve L-2227 Luxembourg Phone: (352) 47-7936-1 Fax: (352) 47-3298 www.bourse.lu |
Commission: Fully negotiable; around 0.8%. Minimum 1-4 Francs per share; 250 Francs per contract |
| Madrid Stock Exchange | Bolsa de Madrid Plaza de la Lealtad, 1 28014 Madrid Spain Phone: (34 91) 589-2600 Fax: (34 91) 531-2290 |
Commission: 25-450 pesetas based on volume; negotiable Settlement Fee: 15-250 pesetas based on volume Exchange Fee: 0-2, 250 pesetas based on volume Note: No commission & Exchange fee on trades under 5,000 pesetas. |
| Malaysia Stock Exchange | www.klse.com.my | no info |
| Market Watch | www.marketwatch.com | no info |
| Mexican Stock Exchange | Bolsa Mexicana de Valores Paseo de la Reforma 225, 4 Piso Cuauhtemoc 06500 Mexico, D.F. Mexico Phone: (52 5) 726-6796 Fax: (52 5) 726-6793 |
Commission: 1-1.7% based on value; banks and institutions pay flat 0.85%; negotiable |
| Montreal Stock Exchange | Bourse de Montreal Tour de la Bourse, C.P. 61, 800 Square Victoria Montreal, Quebec H4Z 1A9 Canada Phone: (514) 871-2424 Fax: (514) 871-3565 |
Commission: Negotiable; Minimum C $50-C $75 Quebec Securities Commission Tax: C $0.50 |
| Mumbai Stock Exchange, | Phiroze Jeejeebhoy Towers, Dalal Street Mumbai 400 001 India Phone: (91 22) 265-5860 Fax: (91 22) 265-8121 |
Commission: 2-2.5%. Maximum of Rs. 25 per contract Stamp Duty: 0.5% |
| NASDAQ Stock Market, Inc. | 1735 K Street, NW Washington, District of Columbia 20006-1500 United States of America Phone: (202) 728-8000 Fax: (202) 293-6260 www.nasdaq.com |
Commission: 2-10% based on volume; negotiable |
| New York Stock Exchange, Inc. | 11 Wall Street New York, New York 10005 United States of America Phone: (212) 656-3000 Fax: (212) 656-5557 www.nyse.com |
Commission: 2-10% based on volume; negotiable |
| New Zealand Stock Exchange | Level 9, ASB Bank Tower 2 Hunter Street, P.O. Box 2959 DX SP23501 Wellington New Zealand Phone: (64 4) 472-7599 Fax: (64 4) 473-1470 www.nzx.com |
Commission: Negotiable Transaction Fee: NZ $40 per trade |
| Oslo Stock Exchange | Tollbugaten 2 N-0152 Oslo Norway Phone: (47 22) 341-700 Fax: (47 22) 416-590 www.oslobors.no/ob |
Commission: 0.3-0.5% or less; negotiable |
| Pacific Exchange | www.pacificex.com | no info |
| Paris Stock Exchange | SBF - Bourse de Paris 39 rue Cambon F-75001 Paris France Phone: (33 1) 49-27-1000 Fax: (33 1) 49-27-1171 |
Commission: Negotiable |
| Philadelphia Stock Exchange | www.phlx.com | no info |
| Philippine Stock Exchange, Inc. | Exchange Road, Ortigas Center Pasig City Philippines Phone: (63 2) 636-0122 Fax: (63 2) 634-5920 |
Commission: 1.5% (maximum); buyer & seller Transfer Fee: 45 Pesos per certificate Documentary Stamp Tax: 1.5 peso per 200 Pesos per value Value Added Tax: 10% on Transfer Fee Stock Transaction Tax: Tax: 1/2 of 1% (in lieu of capital gains tax) Transaction Fee: 1/200 of amount; buyer & seller |
| Prague Stock Exchange | Burza cennych papiru Praha Rybna 14 110 00, Praha 1 Czech Republic Phone: (420 2) 2449-3363; (420 2) 2449-3414 Fax: (420 2) 264-897 |
Commission: 0.9-4% for volumes up to Koruny 10,000. 1-2% for higher volumes; 0.4% - 0.5% for volumes around Koruny 1 million. |
| Rio de Janeiro Stock Exchange | Bolsa de Valores do Rio de Janeiro Praca XV de Novembro, 20 Rio de Janeiro - RJ - CEP 20010-010 Brazil Phone: (55 21) 271-1001 Fax: (55 21) 221-2151 www.bvrj.com.br |
Commission: 0.5-2% maximum based on volume; fully negotiable Transaction Fee: 0.025% Clearing Fee: 0.025% |
| Santiago Stock Exchange | Bolsa de Comercio de Santiago La Bolsa 64 Santiago Chile Phone: (56 2) 698-2001; (56 2) 695-8077 Fax: (56 2) 672-8046 |
Commission: 0.35% - 1%; negotiable. Exchange Fees: Up to 0.5% based on volume Value Added Tax: 18% on commission & Exchange fees Note: Investors may also sign semi-annual or annual agreements with the Exchange to operate without fees by paying a tariff of U.F. 582 per half year or U.F. 1,107 per year. U.F. is an inflation indexed unit. |
| Sao Paulo Stock Exchange | Bolsa de Valores de Sao Paulo (Bovespa) Rua XV de Novembro, 275 01013-001 Sao Paulo SP Brazil Phone: (55 11) 233-2000 Fax: (55 11) 233-2430 www.bovespa.com.br |
Commission: 0.5-2% max. based on volume; fully negotiable Transaction Fee: 0.025% Clearing Fee: 0.025% |
| Shanghai Metal Exchange | www.shme.com | no info |
| Shanghai Stock Exchange | www.sse.com.cn | no info |
| Shenzhen Stock Exchange | www.sse.org.cn | no info |
| Singapore Commodities Exchange | www.sicom.com.sg | no info |
| Sidney Futures Exchange | www.sfe.com.au | no info |
| Singapore International Monetary Exchange Limited | www.simex.com.sg | no info |
| Singapore Stock Exchange | 20 Cecil Street # 26-01/08, The Exhange Singapore 049705 Phone: (65) 535-3788 Fax: (65) 535-3544 www.ses.com.sg |
Commissions and Fees Commission: 0.5-1% based on volume; negotiable above Singapore $1.5 million with 0.3% min.; S $2 per contract minimum Clearing Fee: 0.05%; Singapore $100 maximum Contract Stamp Duty: Singapore $1 per S $1,000 or part Transfer Stamp Duty: 0.2% when registered Goods & Services Tax (GST): 3% of commission and clearing fees |
| Stockholm Stock Exchange | Kallargrand 2, P.O. Box 1256 S-111 82 Stockholm Sweden Phone: (46 8) 613-8800 Fax: (46 8) 108-110 www.omxgroup.com/stockholmsborsen |
Commissions and Fees Commission: 0.45% up to 500,000 Krona; 0.3% for higher amounts; 200 - 300 Krona minimum for domestic transactions, negotiable |
| Swiss Stock Exchange | Selnaustrasse 32 CH-8021 Zurich Switzerland Phone: (41 1) 229-2111 Fax: (41 1) 229-2233 www.swx.com |
Commissions and Fees Commission: Negotiable Federal Tax: 0.075% Exchange Fees: 0.015% |
| Taiwan Stock Exchange | 85 Yen Ping S. Road Taipei Taiwan, R.O.C. Phone: (886 22) 3114020; (886 22) 3969270 Fax: (886 22) 3114004; (886 22) 3753669 www.tse.com.tw/en |
Commissions and Fees Commission: 0.1425%; buyer & seller NT $20 minimum Transaction Tax: 0.3%; seller |
| The Tel-Aviv Stock Exchange Ltd. | 54 Ahad Ha' am Street Tel-Aviv 65202 Israel Phone: (972 3) 567-7411 Fax: (972 3) 510-5379 |
Commissions and Fees Commission: 0.25-1% based on volume; negotiable |
| Thailand Stock Exchange | The Stock Exchange of Thailand Building 62 Rachadapisek Road, Klongtoey Bangkok 10110 Thailand Phone: (66 2) 229-2000; (66 2) 654-5656 Fax: (66 2) 654-5649 www.set.or.th/en |
Commissions and Fees Commission: 0.5%; buyer & seller; 50 Baht minimum. No commission on odd-lot trading. Stamp Duty: 1 Baht for every 1,000 Baht; transferors of share certificates |
| Tokyo Commodities Exchange | www.tocom.or.jp | no info |
| Tokyo Grain Exchange | www.tge.or.jp | no info |
| Tokyo International Financial Futures Exchange | www.tiffe.or.jp | no info |
| Tokyo Stock Exchange | 2-1, Nihombashi-Kabuto-cho Chuo-Ko, Tokyo 103 Japan Phone: (81 3) 3666-0141 Fax: (81 3) 3663-0625 www.tse.or.jp |
Commissions and Fees Commission: 0.1 - 1.15%; negotiable on trades over 1 billion Yen. Minimum 2,500 Yen. Securities Transfer Tax: 0.21% (0.21% for securities companies.). Payable by seller. |
| Toronto Stock Exchange | The Exchange Tower, 2 First Canadian Place Toronto, ON M5X 1J2 Canada Phone: (416) 947-4487 Fax: (416) 947-4272 www.tsx.com |
Commissions and Fees Commission: Negotiable; min. C $50 - C $75 |
| Vienna Stock Exchange | Wiener Borse WipplingerstraBe 34 1013 Wien Austria Phone: (43 1) 534-99-0 Fax: (43 1) 535-68-57 |
Commissions and Fees Total Bank Fees: 1.25%; negotiable. Minimum 300 - 700 Schillings (ATS). Note: Fees include brokerage and stock transfer tax |
| Warsaw Stock Exchange | Gielda Papierow Wartosciowych w Warszawie S.A. ul Nowy Swiat 6/12 00-400 Warszawa Poland Phone: (48 22) 661-7317; (48 22) 628-3232 Fax: (48 22) 628-1754; (48 22) 628-8191 www.gpw.com.pl |
Commissions and Fees Commission: 0.75-2%; negotiable on trades over 500 million Zlotys. Stamp Duty: 0.2% by seller. |
| Zhengzhou Commodity Exchange | www.czce.com.cn | no info |