20% hike in Trinidad Stock Exchange fees

Caribbean stock exchanges have not been friendly to investors. Earlier this year the Jamaica Stock Exchange hiked fees charged for trading. Effective August this year, the Trinidad and Tobago Stock Exchange Limited hiked the fees charged for trading stocks by 20 percent.
These increases have taken place against the background where the exchanges are struggling to interest investors to put their money into stocks. The increase in charges for trading on the Trinidad Exchange became effective August 4th 2014 for equity and mutual fund trades.
TTSE transaction charge was previously, 0.10 percent of the value of the trade, on the buy and sell sides, but it was bumped up by 20 percent, to 0.12 percent of the value of the trade on the buy and sell sides. The TTCD transactions previously charged at 0.05 percent of the value of the trade on the buy and sell sides is pushed up 20 percent to 0.06 percent of the value of the trades on both sides.