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This fee is a cost to clear transactions and is billed to NSCC members (Clearing Firms). Some Clearing Firms pass these fees to their correspondents directly while others include them in their clearing rates.
The latest NSCC fee schedule can be found hereYou can visit the DTCC website here to use the NSCC estimation calculator or see the components they use in their calculation.
Can an exact formula be entered into PropReports to calculate the NSCC fee per trader?
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