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clearing fee |
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Clearing Fee A fee charged by clearing corporations for their services provided to investment firms. Notes: Nobody works for free!
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? Mentioned in | ? References in periodicals archive | |
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Execution and clearing fee growth was strong sequentially, reflecting higher commissions and fee-based services at Pershing, and higher cross-border trading volumes in the execution business. Products will only have to comply with the FCC Part 15 rules for unlicensed devices, however manufacturers will still have to pay a clearing fee for use of the band. The ISC system allows these clients to gain maximum float on check processing, reduce the cost per check clearing fee, better manage their NSF accounts, and completely automate their administrative and back office processing for handling checks. |
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