Clearing Member Charges at FYERS

What are the Clearing Member charges?

A Clearing Member (CM) is a member of the Clearing Corporation responsible for clearing and settling trades. They might work on their own account or for their clients, based on the terms set by the Clearing Corporation. The charges for a CM can differ based on the exchange and the financial instrument involved.

For a detailed view on all the taxes and charges levied, you can visit our article on statutory charges by the government and regulatory authorities.