Trading hours

The trading hours for online bonds trading are as follows:

Minimum trading size.

The minimum trading size for any bond trade can vary and depends on the individual terms of the bond.

For online traded bonds, unless the minimum trading size as defined by the terms of the bond is higher, Galt & Taggart will apply a minimum of nominal USD 10,000 or the equivalent when trading bonds in other currencies.

Galt & Taggart is not able to accept any orders below this minimum trading size.

Trading hours
The trading hours for offline bonds trading is during working hours.

Minimum trading sizes
The minimum trading size for any bond trade can vary and depends on the individual terms of the bond.

For offline traded bonds, unless the minimum trading size as defined by the terms of the bond is higher, Galt & Taggart will apply a minimum of nominal USD 50,000 or the equivalent when trading bonds in other currencies.

Galt & Taggart is not able to accept any orders below this minimum trading size.

How much does a securities transfer cost?
The transfer of stocks and bonds into Galt & Taggart custody is performed free of charge. Furthermore, Galt & Taggart allows clients to use their stocks and bonds portfolio as collateral for margin trading.

When transferring securities out of your account, the following exit fees are charged:

• DK  Bonds - EUR 25 per ISIN
• Other Bonds- EUR 50 per ISIN

How long does a securities transfer take?
The timing of securities transfers may vary depending on the counterparty, security and market. In general, you can expect a transfer to be complete within 1 week.

Galt & Taggart will not provide any advice on any tax issues related to any services.

Clients are advised to obtain individual independent counsel from a financial advisor, auditor or legal counsel with respect to tax implications of the respective services.

Coupon payments and bond redemptions, ordinary as well as extra ordinary, will be credited to the respective account with any applicable standard withholding taxes deducted.

Galt & Taggart cannot currently support or offer preferential withholding tax rates that may be available due to residency or legal status.

Please allow a few business days from the coupon or redemption settlement date to process the payment.

For any questions related to pending or past corporate action events on bond positions, please contact our sales team at sales@gt.ge.