Sun, Dec 28, 2014, 9:34 AM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Alcatel-Lucent Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • joegrant87 joegrant87 Dec 1, 2012 2:54 AM Flag

    Foreign Transaction Charge for French Companies

    Didn't know this. This would discourage day traders, which would be a good thing.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • yeah, it looks like the whole package is aimed at making the market a little safer (with raising revenues as a plus):

      "On 1 August 2012, France introduced a financial transaction tax in French tax regulation pursuant to Article 5 of the French Amended Finance Bill of 14 March 2012. Two other taxes applicable to financial transactions were also introduced, including a tax on high frequency trading; and a tax on naked sovereign credit default swaps. The FTT levies a 0.2 percent tax on all publicly traded companies with a market value over €1 billion."
      a tax on high frequency trading! good idea.

3.71+0.04(+1.09%)Dec 26 4:02 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.