Commission payable to the stock broker for arranging the sale or purchase of securities. Maximum chargeable commission is fixed by the Exchanges.
You may also like
Allotment on a firm basis in public issues by an issuing company to financial institutions, mutual funds, overseas corporate bodies, foreign portfolio […]
An order book is a list of orders that represents different offers from buyers and sellers for a specific security. It shows […]
SCSB is a bank which offers the facility of applying through the ASBA process. A bank desirous of offering ASBA facility is […]
New shares issued by a Company to public investors resulting in an increase in share capital of the company.