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Reporter 12
03 Feb, 2025

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Stockmtraders today announced that its investors will be required to contribute 30% towards the annual trade tax, despite the regulatory obligation under the Markets in Financial Instruments Directive (MiFID 2004/39/EC, Section 5c, Sub-section 2b) typically placing this responsibility on the company.

According to the announcement, Stockmtraders will cover the remaining 70% of the annual trade tax. The company cited "certain unforeseen circumstances" as the reason for this shared responsibility, without elaborating on the specifics.

The MiFID directive mandates the payment of annual trade taxes related to financial instruments. While typically borne by the investment firm, Stockmtraders stated that these undisclosed circumstances necessitate a partial contribution from its investors to ensure full compliance with the regulatory framework.

The company assured investors that detailed information regarding their individual contribution amounts and payment procedures will be communicated.

Quote emphasizing the company's commitment to regulatory compliance and the importance of investor partnership during this period," stated, CEO, of Stockmtraders "We recognize that this request may be unexpected, and we want to assure our valued investors that this is a necessary measure to ensure our continued adherence to all regulatory obligations and the seamless operation of our investment activities. We are committed to navigating these circumstances with the utmost transparency possible under the current constraints."

The company has assured investors that comprehensive details regarding their specific contribution amounts and the designated payment procedures will be communicated

This announcement comes at a time when regulatory compliance and financial stability are paramount in the investment landscape. Stockmtraders reiterated its dedication to upholding the principles of MiFID and maintaining a robust operational framework.

Investors seeking clarification or with urgent inquiries are urged to reach out to the company's dedicated investor relations team via email The investor relations team is prepared to address concerns and provide necessary support during this process.