What are clearing charges?
A clearing charge is paid by traders to settle their trade through a clearing agency. The clearing process is a back-end process that determines a broker’s fund and securities obligation and settles them with the exchanges through the clearing mechanism. It ensures the easy settlement of trades with the broking houses and the exchanges.
Statutory and Exchange
- What is Account Maintenance Charge (AMC)?
- What are the various statutory charges associated with trading and investing?
- How is the Securities Transaction Tax (STT) calculated?
- What are the MCX transaction charges and why are they different across brokers?
- Will brokerage and taxes be considered when margins are blocked for trades in the commodity segment?
- How to pay the Account Maintenance Charge (AMC)
- Why is GST being levied on SEBI charges?
- What are clearing charges?
- Are there any other charges if option positions get exercised?
- What are call and trade charges?