Transaction fee

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Transaction fee

A charge an intermediary, such as a broker-dealer or a bank, assesses for assisting in the sale or purchase of a security.

Transaction Fee

A fee that a broker-dealer assesses on a client for the service of filling an order. Usually, the transaction fee is a percentage of the value of the transaction, but sometimes it is a flat rate, such as two cents per share or seven dollars per trade.
References in periodicals archive ?
Summary: Currently, the transaction charges to trade in Sensex 30 stocks apply on volume-wise slab basis
com)-- Company aims to help merchants reduce maintenance and transaction charges on credit and debit cards.
Summary: New Delhi [India], Feb 19 (ANI): Google India on Monday announced that via its digital payments app, Tez, users can pay their bills within minutes, without any transaction charges.
However, the body said that banks would continue to review their transaction charges based on operations and commercial viabilities.
Mumbai: Investors are often confused as when it is the right time to exit a mutual fund scheme because exiting a scheme in haste can result in reinvestment risks and transaction charges.
Bank of Baroda, ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank for collection of remittances and payments to beneficiaries, at zero transaction charges.
In this role, RiverFront has "sole discretion" over whether to send trades to the designated broker-dealer for execution, in which case the transaction charges are covered by the wrap fee, or to send the trades to another broker-dealer in which case the client typically pays additional transaction costs charged by that broker-dealer, the SEC states.
75 per share, exclusive of related transaction charges.
It is proposed to provide income tax ( I- T) benefits to persons who pay through debit or credit cards, and drop transaction charges for purchase of petrol, gas and railway tickets.
No details have been revealed concerning when the innovation fee will be introduced, or which government agencies will add it to their transaction charges.
Stephen King, chairman of Hudders-field Town Supporters' Association, said booking fees and transaction charges were common and charges for concert tickets tended to be much higher.
There are no initial fund charges, no monthly charges, no transaction charges to buy or sell funds, no commission to fund managers and no exit penalties.

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