The transaction cost of trading of financial instruments in the centralised market is classified as ........

Finance Financial Markets

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The transaction cost of trading of financial instruments in the centralised market is classified as :

flexible cost

low transaction cost

high transaction cost

constant cost

Explanation:

Transaction costs are expenses incurred when buying or selling a good or service. In a financial sense, transaction costs include brokers’ commissions and spreads, which are the differences between the price the dealer paid for a security and the price the buyer pays.