+ * Regulatory (SEC and Finra TAF Fee on Sell Transactions, See below)
$0.005 per share
+*OCC/ORF, Exchange & Regulatory Fees
Other Option Routes
Proprietary Product Exchange Fees
+.65 cents per contract
+.18 cents per contract
+.40 cents per contract
**Routing fees are subject to change without prior notice. If necessary, we reserve the right to debit your account for any venue, routing, or exchange fees based on vendor changes in routing rates. We reserve the right to mark up or adjust any routing fees at our sole discretion. Clients trading on our per trade or per share rate plans are not eligible to receive rebates unless agreed to in writing by management. There may be other routes available that are not listed here, which may charge a fee. You should always call and check the fee on any route before using it.
Regulatory and Exchange Fees
SEC Sec. 31 Fee (Stocks)
SEC Fee = Total price of transaction
* 23.10 / 1,000,000
FINRA TAF Fee (Stocks)
Covers sales of exchange registered securities whenever executed. Multiply this amount by the number of shares sold. $5.95 Maximum. For Options multiply by .002 per contract.
ORF Fee (Options)
Per U.S exchange listed option contract
There is a Section 31 regulatory fee of $0.0000218 of the total dollar amount of securities sold. This fee is assessed for all SELL orders and is added to any total commissions charged. (as of February 2016)
There is a FINRA TAF Fee $0.000119 per share of securities sold with a maximum of $5.95 per trade. This fee is assessed on all SELL orders and $0.0002 per option contract and is added to any total commission charged.
Options Clearing Corporation
(Click for per options contract pass through rates)
Low Priced Securities
For share prices less than $1.00, 30 basis points times the total trade value will be charged. Stocks priced under $1.00 are subject to different routing charges.
For share prices less than $1.00, 30 basis points times the total trade value will be charged.
Rule 606 Disclosure
The Firm, in its efforts to seek best execution, routes client orders to national securities exchanges, alternative trading systems (ATSs), including electronic communications networks (ECNs) and other market centers. Certain market centers offer credits (deemed payment for order flow) for orders that provide liquidity and may charge access fees for orders that take liquidity. In some cases, the credits offered by a market center may exceed the charges assessed, such that a market center may make a payment to ViewTrade Securities in relation to orders directed to such market center. In addition, ViewTrade Securities routes orders to broker dealers who are market makers in securities. ** Click for Routing Report Pursuant to SEC Rule 606
*AutoShares is a Division of ViewTrade Securities, Members FINRA and SIPC.
As a member of the Securities Investor Protection Corporation (SIPC), funds are available to meet customer claims up to a ceiling of $500,000, including a maximum of $250,000 for cash claims. For additional information regarding SIPC coverage, including a brochure, please contact SIPC at (202) 371-8300 or visit www.sipc.org. Our Clearing firm has purchased an additional insurance policy through a group of London Underwriters (with Lloyd's of London Syndicates as the Lead Underwriter) to supplement SIPC protection. This additional insurance policy becomes available to customers in the event that SIPC limits are exhausted and provides protection for securities and cash up to an aggregate of $600 million. This is provided to pay amounts in addition to those returned in a SIPC liquidation. This additional insurance policy is limited to a combined return to any customer from a Trustee, SIPC and London Underwriters of $150 million, including cash of up to $2.15 million. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities.System response, trade executions and account access may be affected by market conditions, system performance, quote delays and other factors. The risk of loss in electronic trading can be substantial. You should therefore consider whether such trading is suitable for you in light of your financial resources and circumstances. * Commission rates are negotiated. You may qualify for rates shown based on your activity. Other fees and conditions may apply, please see our commissions and routing fees.
Important Disclaimer: This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. AutoShares makes no guarantee as to the currency, accuracy, or quality of information published and/or archived on this website, nor will AutoShares accept any responsibility for other organizations, businesses, and private persons that provide information on this website. All information on this website regarding products and services provided by AutoShares is subject to change without notice. Reasonable efforts are taken to ensure the accuracy and integrity of all information provided here, but AutoShares is not responsible for misprints, out of date information, or errors. AutoShares does not provide any financial or investment advice. AutoShares does not recommend or endorse any investment instruments or trading strategy. The material on this website is provided for informational and educational purposes only and shall not in any manner be considered a recommendation or endorsement of any strategy or investment. Any investment decision and/or strategy that you make or utilize, whether or not such decision or strategy derives from or relies upon material accessed or provided through this website, is done so at your sole discretion and your own risk. Before making any investment decisions, please consult additional sources of information and/or your legal or tax advisor.
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