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Trading Fees

NZFOX trading fees as at September 2004

Item	Fee (NZD per contract side)
Options contract	$2.00/contract side (ex GST)
Options delivery fee	$2.00/contract side (ex GST)
FoX15 (NZX 15 Index Futures)	$1.50/contract side (ex GST)
FoX15 Settlement	$1.50/contract side (ex GST)

Block Trading and Exchange for Physical (EFP) registration fees are NZD $12.50 per deal per side (ex GST). Normal trading fees also apply.

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