Brokerage and Sales Credit: What a Trade Actually Costs to Execute
The types of brokerage that exist, the formulas behind each one, how investment banks price it differently by asset class — equities, bonds, FX, futures, swaps — and what "sales credit" actually means once the trade moves inside the bank.
The types of brokerage that exist, the formulas behind each one, how investment banks price it differently by asset class — equities, bonds, FX, futures, swaps — and what "sales credit" actually means once the trade moves inside the bank. With paired Indian and international examples throughout.
Surya · 17 min read