clearing fee

Clearing Fee

A fee a clearing house charges for its services of handling unsettled transactions.

clearing fee

A charge assessed by a clearing house for clearing securities trades using its own facilities.
References in periodicals archive ?
Among the incentive schemes, the exchange is reimbursing Clearing Fee paid by its trading members to their Clearing Members, enabling a reduction in transactional cost of brokers.
Transaction and clearing fee revenue was almost flat at $279.9mn.
When you look at the total cost of doing a trade, the exchange fee is 10%, the SEC's fee is 10%, the clearing fee is 10%...
Eurex Clearing, the clearing operation of the Deutsche Borse Group, is to introduce a 50% reduction in its fixed clearing fee and expand the discount models for Xetra cash market transactions from 1 December 2010.
June 8--transaction fees Transaction fees Debit Credit Other operating expenses 144 Payables/cash 144 To record transaction fees on the sale of 10 futures contracts: 0.01 [euro] (trading fee) + 0.01 [euro] (clearing fee) per MWh ([0.01 x 720 x 10] + [0.01 x 720 x 10]).
When I got there, I was charged Import Duty, VAT, and a Post Office Clearing Fee, all of which nearly doubled the cost of the CDs.
This cost is computed using the clearing fee structure in force at the Chicago Board of Trade during the periods covered by our sample data.
Transaction and clearing fee revenue rose 4% to $319mn.
"Total securities revenue declined slightly as the 3% increase in total traded value was offset by a 4% drop in average clearing fee. We are making progress to enhance the Securities market; the standard board lot size was reduced to 100 from 1000 on 19 January.
Transaction and clearing fee revenue fell 7% to $299.7mn.
The impact of the fall in trading value was partially offset by a 6% increase in average clearing fee to 3.1 basis points due to an increase in uncapped trades.
When I started in the futures market, the clearing fee on the London market was [pounds sterling]1.20 and now it's a few pennies, so I think we will see the same happen again.

Full browser ?