ASP Expects 20% Hit From New Fee Scale - Congoo

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ASP expects 20% hit from new fee scale

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Individual.com | November 20, 2009

Asia Plus Securities Plc (ASP), the country's second largest brokerage, expects to see a 20 percent drop in revenue next year when brokerage fees begin to drop on a sliding scale. But the company hopes to fill the gap and reduce risk from market volatility with revenue from wealth management, deriva...

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