Sagicor Investments lowers online trading charges

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Sagicor Investments lowers online trading charges

Sunday, April 05, 2020

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KINGSTON, Jamaica – Sagicor Investments has reduced its online trading fee to 0.5 per cent for clients who have an established online trading account with the Jamaica Stock Exchange's (JSE) online traders' platform – Jtraderpro.

The fee reduction is aimed at encouraging market activity during the COVID-19 containment efforts.

“Our aim is always to help Jamaicans create, grow or preserve wealth even during this period. We wish to encourage our clients, some of whom may be at home now, to utilize the Jtraderpro platform to learn more about trading and how they can earn,” Kirk Brown, manager - stockbrokerage, Sagicor Investments said.

Prior to this announcement, Sagicor Investments' clients would pay 0.75 per cent in online trading fees. The online platform allows approved investors the ability to buy and sell securities (stocks) in real time.

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