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  • Formula Don't Change: Only Change Yellow Blocks

    Uploaded by

    Baptista Joao
    7 views2 pages
    The document outlines brokerage fees, transaction levies, and total costs for trades on the Namibian Stock Exchange (NSX) based on the trade value. It provides the fee percentages and formulas for brokerage fees depending on trade value ranges. It also includes an example calculation for a $5 million trade, showing the brokerage fee of $20,905, 10% transaction levy of $2,090.50, 0.04% Namfisa levy of $2,000, and total costs of $24,995.50.

    Original Description:

    Used to the determine the brokerage for shares bought in the Namibia Stock Exchange.

    Original Title

    Brokerage Calc

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    The document outlines brokerage fees, transaction levies, and total costs for trades on the Namibian Stock Exchange (NSX) based on the trade value. It provides the fee percentages and formulas for brokerage fees depending on trade value ranges. It also includes an example calculation for a $5 million trade, showing the brokerage fee of $20,905, 10% transaction levy of $2,090.50, 0.04% Namfisa levy of $2,000, and total costs of $24,995.50.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views2 pages

    Formula Don't Change: Only Change Yellow Blocks

    Uploaded by

    Baptista Joao
    The document outlines brokerage fees, transaction levies, and total costs for trades on the Namibian Stock Exchange (NSX) based on the trade value. It provides the fee percentages and formulas for brokerage fees depending on trade value ranges. It also includes an example calculation for a $5 million trade, showing the brokerage fee of $20,905, 10% transaction levy of $2,090.50, 0.04% Namfisa levy of $2,000, and total costs of $24,995.50.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    From

    10,000.01
    20,000.01
    100,000.01
    500,000.01
    5,000,000.01

    To
    10,000.00
    20,000.00
    100,000.00
    500,000.00
    5,000,000.00
    40,000,000.00

    only change yellow blocks

    formula dont change

    More than 40 million:

    100,000,000.00

    N$
    100.00
    185.00
    705.00
    2,905.00
    20,905.00

    % on excess over
    0.0100
    0.0085
    10,000
    0.0065
    20,000
    0.0055
    100,000
    0.0040
    500,000
    0.0035
    5,000,000

    1,000,000.00 test amount


    4,905.00
    490.50
    400.00
    5,795.50

    brokerage - fixed as above


    NSX t/levy - 10% of brokerage
    Namfisa levy - 0.04% of consideration
    total cost

    200,000.00 formula dont change

    NSX Local Trades only

    Quantity
    5,000,000

    Price

    P/S
    1.00

    ONLY CHANGE YELLOW BLOCKS

    NSX Brokerage fixed per rules


    Purchase or Sale
    Consideration
    Brokerage
    up to N$10,000
    1%
    over 10,000 up to 20,000
    0,85% on excess over 10,000
    over 20,000 up to 100,000 0,65% on excess over 20,000
    over 100,000 up to 500,000 0,55% on excess over 100,000
    over 500,000 up to 5,000,0000,40% on excess over 500,000
    over N$5,000,000
    0,35% on excess over 5,000,000

    Trade value
    5,000,000.00

    cess over
    100.00
    85.00
    520.00
    2,200.00
    18,000.00
    (20,905.00)

    d as above
    % of brokerage
    0.04% of consideration

    change

    Brokerage
    20,905.00

    NSX
    Transaction
    Levy
    2,090.50

    Namfisa
    Levy
    2,000.00

    Total cost
    24,995.50

    Total Value
    5,024,995.50

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