Pricing

Commissions, Pricing & Fees

At SY Investment, we believe that transparent and competitive pricing is the foundation of a long-term partnership with our clients. Whether you are a retail investor, professional trader, or institutional client, our fee structure is simple, cost-effective, and scalable with your trading activity. We provide access to Kazakhstan markets (KASE, AIX) and global exchanges, combining local market expertise with international execution standards.

Our Standard Rates

Asset Type Market Our Commission Market Average*
Equities KASE / AIX 0.045% 0.045% – 0.095%
Equities / ETFs International 0.10% 0.10% – 0.30%
Bonds Local (KASE) 0.02% flat ~0.025%
Bonds Global EM 0.05% —
Repos Local (KASE / AIX) 0.50% – 1.0% ~2–3% (typical)

*Based on publicly available tariff data from brokers in Kazakhstan (Prodengi.kz, KASE, Alatau City Invest).

Why Trade with Us

  • Transparent pricing – no hidden fees or complex tiers.
  • Lower commissions than many competitors in Kazakhstan.
  • Institutional execution quality on both local and global markets.
  • Flexible solutions for retail, professional, and institutional clients.
  • Volume-based discounts for serious traders and asset managers.

Institutional Clients – Volume Discounts

Monthly Volume Equities (Global) Equities (KZ) Bonds Execution Options
< $10M 0.08% 0.04% 0.02% Standard
$10M – $50M 0.06% 0.035% 0.015% VWAP / TWAP
$50M+ 0.04% 0.03% 0.010% POV, Block, Iceberg

Institutional Execution Advantages

  • Block liquidity sourcing through our institutional network.
  • Execution strategies: VWAP, POV, TWAP, iceberg orders.
  • Custom fee structures for long-term mandates and market-making.

Commission Calculator

Estimate our commission vs. typical market averages. Third‑party fees (exchange, clearing, custodian) are excluded.

Trade Inputs

In % of notional (or enter exact bps)
In % of notional
Apply monthly volume tiers
Optional minimum per order (if applicable): USD

Estimate

Our Commission

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Market Average

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Difference

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Positive = our commission is lower. Negative = higher. Repo uses pro‑rata interest calc.

* Estimates exclude third‑party costs (exchange, clearing, custodian, depository). Commissions may vary by venue, instrument and connectivity. Full tariff methodology available on request.

Execution Quality

Best Execution. Every Trade.

We pursue measurable best execution across all orders — minimizing market impact, optimizing price & fill quality, and ensuring reliable settlement. Our framework combines algorithmic execution, multi-venue liquidity, and post-trade analytics.

Our Best-Execution Principles

  • Price & Liquidity: smart venue selection across primary books, dark pools, and RFQ.
  • Market Impact Control: child-order pacing, passive participation, dynamic urgency.
  • Cost Efficiency: slippage and explicit fees tracked against benchmarks (VWAP/Arrival/Close).
  • Reliability: resilient routing and settlement oversight across equities, ETFs, and fixed income.
  • Transparency: pre-trade planning and post-trade TCA with benchmark comparisons.
DMA
FIX / API
Low-Latency
Multi-Venue
TCA Reporting

Algorithmic Suite

Algorithm Objective When To Use Notes
VWAP Benchmark Stable volume profiles Tracks intraday volume curve, limits footprint
TWAP Time-Sliced Illiquid / noisy markets Even pacing to reduce signaling
POV Participation Follow market flow Dynamic % of real-time volume
Iceberg Discretion Large orders / block interest Displays minimal size; refresh logic
Liquidity-Seeking Fill Rate Fragmented venues Probes lit/dark pools with anti-gaming

Custom parameterization is available (urgency, caps, min clip, venues, discretion, passive/active bias).

Infrastructure & Reporting

  • Connectivity: DMA & broker-neutral routing with venue-level controls.
  • Risk Controls: pre-trade checks, fat-finger limits, kill-switches.
  • TCA: Arrival, VWAP, Close, Implementation Shortfall — session & monthly packs.
  • Block Sourcing: institutional network & conditional liquidity channels.
  • Coverage: Kazakhstan (KASE/AIX) & global markets across equities, ETFs, fixed income.
  • Please check with us: for connectivity options. For some markets we can accept manual orders, as they require broker expertise due to market specificities.

Client Options

  • Strategy selection by objective (price, speed, discretion) and market microstructure.
  • White-glove desk execution for sensitive or complex orders.
  • API / FIX for professional and systematic traders.

Best-execution monitoring aligned with local rules and international standards. Detailed methodology is available upon request.