Transaction fee

(redirected from Transaction Fees)
Also found in: Encyclopedia.

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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The nation's card issuers will suffer worsening profitability during the second half of 2019, due to the expected hike in their default rates and the planned return of transaction fees to small business owners, market analysts said Monday.
The platform is not limited to Landbank account holders and is also open to the public to pay for government transaction fees electronically using credit, debit, and any ATM cards issued by BancNet and through other accredited payment channels.
The reward consists of newly minted coins and the transaction fees paid by the transactions processed in the block.
Citigroup Inc (NYSE: C) is to cut transaction fees on the Costco Anywhere Visa Card.
The Securities and Exchange Commission of Cambodia (SECC) has decided to slash transaction fees on derivative trading, a move the SECC claims will help spur future trades.
Credit cards issued by eight state-owned banks and five private banks are to waive transaction fees when they are used at government institutions and public hospitals from Jan.
Killing off a revenue source is rarely a goal for credit unions, but a few are doing just that by nixing the foreign transaction fees on their credit cards.
Barclays will introduce a 'one per day' cap on its PS8 paid and unpaid transaction fees in the coming weeks which it said will help customers save around PS7m this year.
Such factors include, but are not limited to, the value of research provided (if any), the capability of the firm to execute trades efficiently, quality of price execution, the competitiveness of commission rates and transaction fees, and the overall level of customer service.
Before the system of transaction fees set in on November 1, the agents' commissions transla-ted into discounts for passengers.
Finnish stock exchange HEX Integrated Markets, part of the Finnish-Swedish stock exchange OMHEX AB, said on Monday (15 December) that the international derivatives market Eurex had decided, in cooperation with HEX, to reduce its transaction fees for all Finnish equity options by up to 57%.

Full browser ?