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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

PTM (panel of takeovers and mergers) levy definition

The PTM levy applies to any individual transactions conducted on the UK exchanges, such as The London Stock Exchange (LSE) worth over £10,000.

When transactions like this occur, the details are sent to the UK Panel on Takeovers & Mergers for clearance, incurring a flat fee of £1 per transaction.

The PTM Levy is changing on the 2nd December 2024: from this date, share-dealing transactions in securities listed on UK exchanges, such as The LSE worth over £10,000 will incur a levy of £1.50 per trade. Transactions executed up to market close on the 29th November 2024 will be charged at the current rate of £1.00 per trade

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