Attendance in pounds icon

Project Tags:

Completed

Equities

Pricing

Listed

Product benefits

New lien pricing model

Read more. 

The market perception for lien and encumbrance registration services is that there is a disparity between Listed and OTC pricing models. 

This project aims to harmonize both models by providing a new pricing policy for registered liens in line with the existing pricing model in the OTC segment. 

In the new model, the permanence fee is no longer charged. There will only be charges when new liens are added, when an asset is linked to an existing lien, or when a lien is executed. 

 

 

Timeline

  • Go-live

    Available to the market

Technical details

  • Catalog changes

    No catalog changes

  • Main systems

    SOG.

  • Main related functions

    Lien and Encumbrance Service in the SOG System – Fee Structure.

  • Certification roadmap

    No impact

  • What is the Sinacor version?

    No impact