Effectiveness and Efficiency of Debt Capital Markets A ...
2 days agou2002·u2002of Bosnia and Herzegovina (B&H) and Montenegro charge fees that are more than 20 times the cost of trading in the most cost effective market, Serbia. Only Serbia and the Slovak Republic cap fees which limit costs. Brokerage costs also vary widely, ranging from 3 to 75bps. Settlement costs also show a huge disparity between markets.
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