• Refers to the commissions, fees and other costs of executing a transaction. The other dominant cost is the spread between the bid and offer and price adjustments for size. Sometimes, there are additional expenses in trading odd lots or very large blocks.
• The difference between estimated transaction costs and actual transaction costs. The difference is usually composed of revisions to price difference or spread and commission costs.
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| ||Trading costs: Costs of buying and selling marketable securities and borrowing. Trading costs include commissions, Slippage, and the bid/ask spread. See: transaction costs.|
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History is the version of past events that people have decided to agree upon. - Napoleon Bonaparte (1769-1821)