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Finance glossary

Brokerage Fees

When a stock market order is executed, financial intermediaries collect a brokerage fee as well as charging commission. The brokerage fee is a percentage of the gross amount of the transaction; the rate charged varies from one intermediary to another. Fully registered sanofi-aventis shareholders enjoy a preferential brokerage fee rate and reduced bank commission from BNP Paribas.

© sanofi-aventis 2004-2008 | Legal notice | Update: March 17, 2008