Labuan International Financial Exchange (LFX)
Labuan, Malaysia, was designated as an international financial centre in 1990. As part of its development, an international financial exchange, LFX, was launched on 23 November 2000.
Fees
Remittance of Fees for LFX's Market Participants.
- Fees due to LFX
- Fees due to LFX comprise of licensing fees and listing fees.
- Licensing fees (Schedule B of the Rules of the Exchange) are as follows:
Listing SponsorApplication Fee (non-refundable) US$1,000.00 Initial Fee (upon approval) US$10,000.00 Renewal Fee US$5,000.00 - Listing fees (Rule 26, Chapter 4) are as follows:
Application Fee (non-refundable) US$1,000.00 Equity Securities Initial Fee US$5,000.00 Up to US$100 million US$5,000.00 Over US$100 million US$10,000.00 Annual fee US$5,000.00 Debt Securities Initial Fee US$2,500.00 Annual Fee US$1,000.00 Funds Initial Fee US$2,000.00 Annual Fee US$2,000.00 Others (subject to LFX's confirmation) Initial Fee US$5,000.00 Annual Fee US$5,000.00 Secondary Listing One half of the relevant fees as described above
- Remittance of Fees
| Beneficiary | Labuan International Financial Exchange Inc. | |
| Banker | Maybank International Labuan Branch | |
| Instructions: | ||
| PAY TO | (Swift Code: CITIUS33) Citibank New York 21st Floor, 111 Wall Street, New York New York 10043 | |
| FOR A/C OF | (Swift Code: MBBEMY2L) A/C No. 36320196 Maybank International Labuan Branch Level 16(B), Main Office Tower Financial Park Labuan Jalan Merdeka 87000 Labuan F.T. | |
| FOR FURTHER CREDIT TO | LABUAN INTERNATIONAL FINANCIAL EXCHANGE INC | |
| ACCOUNT NUMBER | 102010000003209 | |