Sec custody fee什麼意思

"Sec custody fee" is a term used in the financial industry, particularly in the context of securities trading and investment. The term "Sec" is often used as an abbreviation for "securities," and "custody" refers to the holding of assets on behalf of investors or clients. A "custody fee" is a fee charged for the service of holding and safeguarding assets.

So, "Sec custody fee" would refer to a fee charged for the custody services related to securities. This could mean the fee charged by a financial institution or a brokerage firm for holding and safeguarding stocks, bonds, or other types of securities on behalf of an investor or a client.

Custody fees can be a part of the overall cost of investing and can vary depending on the services provided, the value of the assets being held, and the financial institution or brokerage firm involved. Some firms may charge a flat fee, while others may charge a percentage of the assets under custody.