For trade with securities on the stock exchange, brokers would charge the commission rate of 0.2 to 0.5 percents, depending on the number of securities and agreement reached with the client, said member of the Commission for securities, Drasko Malbaski. ”Owners are able to use their securities freely, but their turnover must be realized on the stock exchange. Broker companies would offer their services to citizens in stock exchange. At the moment, there are for such companies in Montenegro,” said Malbaski at today’s meeting with journalists in the press centre of the Secretariat for information. He said that three broker companies were situated in Podgorica, and one in Budva. Each one announced opening of affiliations, first of all in the northern part of Montenegro. “Commission for securities has controlled broker companies so far, but no problems in their business activities have been observed. After MVP is concluded, we would have more work to do, which means that the control would be stricter,” said Malbaski. He explained that after registration of shares in the Central Depositary Agency was completed, all owners of the shares would have to give brokers the instructions for trade and sign the contract on commissioned task if they wanted to buy or sell the shares on the market. “After the contract is signed, the broker announces the instruction on the stock exchange list and waits for the possible buyer of seller of securities. If someone is interested in his offer, it is paired with the demand, and the trade is concluded. The stock exchange then sends the report on purchase or sale of securities to CDA, which then changes the data on the owner and registers the transaction,” said Malbaski. He added that the charging of the transaction had to be paid in three days previously, but he announced that the procedure would be shortened to 24 hours. He also said that there would be two lists of companies that would be made on the basis of their business success and balance. ‘List A’ would have very high criteria, and our estimation is that 10 Montenegrin companies would be on it,” said Malbaski.