A clearing charge is a fee traders pay to settle their trades through a third party clearing agency. This process, occurring in the background, determines a broker’s fund and securities obligations, settling them with exchanges through the clearing mechanism. It facilitates smooth trade settlement between broking houses and exchanges.<\/p>\n\n\n\n
How does Tradejini handle Clearing Charges?<\/strong><\/p>\n\n\n\n Exchanges provide two options for clearing trades: self-clearing or assigning the task to a Professional Clearing Member (PCM). We at Tradejini have opted to be a self-clearing member, thereby reducing the cost on traders. Tradejini does not impose any clearing charges on its customers.<\/p>","protected":false},"excerpt":{"rendered":" What is a Clearing Charge? A clearing charge is a fee traders pay to settle their trades through a third party clearing agency. This process, occurring in the background, determines a broker’s fund and securities obligations, settling them with exchanges through the clearing mechanism. It facilitates smooth trade settlement between broking houses and exchanges. How […]<\/p>","protected":false},"author":1,"featured_media":0,"parent":15507,"menu_order":49,"comment_status":"closed","ping_status":"closed","template":"","doc_tag":[],"acf":[],"_links":{"self":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/15533"}],"collection":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/comments?post=15533"}],"version-history":[{"count":0,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/15533\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/docs\/15507"}],"wp:attachment":[{"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/media?parent=15533"}],"wp:term":[{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/faq.tradejini.com\/wp-json\/wp\/v2\/doc_tag?post=15533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}