Question

In: Finance

What are the charges required to be paid by seller of shares in NYSE? a) Brokerage...

What are the charges required to be paid by seller of shares in NYSE?
a) Brokerage commission only
b) Clearing fees only
c) Stamp duty only
d) All of the above

Solutions

Expert Solution

The answer is d)All of the above

There are certain charges associated with every transaction in stocks

Brokerage Commission is paid to the brokers, Clearing fees is paid to get the deal cleared and stamp duty is paid for registration

Hence, the answer is d


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