A low place for bargaining is producing indignities (10)

I believe the answer is:

abasements

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'producing indignities' is the definition.
I can't judge whether this defines the answer.

'a low place for bargaining' is the wordplay.
'low place' becomes 'basement' (room at the bottom of a building).
'for bargaining' becomes 's' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'a'+'basement'+'s'='ABASEMENTS'

'is' is the link.

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I've seen this clue in The Guardian.

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