Regulatory, Routing, and Exchange Fees Summary
* SEC, FINRA, TAF, and any additional stock and options venue exchange fees are debited to customer trades in addition to applicable rates.
* OCC/ORF, CBOE Proprietary Exchange Fees, and any applicable options venue fees are debited to customer trades in addition to any applicable rates.
Regulatory Fees | Multiplier |
|---|---|
SEC Sec. 31 Fee (Stocks) | ($0.0000229 * value of aggregate sales rounded to the nearest penny) |
FINRA TAF Fee (Stocks) Finra TAF Fee (Options) | ($0.00013) Covers sales of exchange registered securities whenever executed. Multiply this amount by the number of shares sold, $6.49 Maximum. $0.00218 per contract for each sale of an option, $6.49 maximum |
Options Regulatory Fee (Options) | ($0.0034) |
Options Clearing Corp (OCC Fees) | Options Clearing Corporation |
ROUTING FEES
STOCKS | MULTIPLIER |
|---|---|
| AUTO | No Additional Fee |
| ARCA | $0.003 per share |
| BATS | $0.003 per share |
| NSDQ | $0.003 per share |
Market Center Routing Fees (Stocks) | * Customer stock orders routed to AUTO are billed at the commission rate with no additional routing fees. Customers directly routing orders to BATS, ARCA, NSDQ Exchanges during pre-market trading hours, regular market hours, and after regular market hours, are billed .003 per share. |
| CBOE (Options) | CBOE PROPRIETARY EXCHANGE FEES CBOE charges customers additional fees to trade products that are solely traded on their exchange. Proprietary Index Option fees are assessed on orders on a per contract basis. Proprietary Index Options fees are in addition to clearing and regulatory fees that apply to all opening and closing orders in CBOE proprietary products. For a list of applicable CBOE ETF, ETN, EQUITY, and VENUE FEES: Go Here |
| $SPX $SPXW $VIX | +.65 cents per contract |
| $RUT RUTW | +.18 cents per contract |
| $NDX $ DJX | +.18 cents per contract |
| $OEX $XEO | +.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 a per trade or per share rate plan is 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. ORF and OCC Fees are assessed on all options trades and exchange fees are listed on the statement under transaction fees and additional fees.
Low Priced Securities
$.0002 per share with 5% notional value max.
Rule 606 Disclosure
The Firm, in its efforts to seek best execution, routes client orders to national securities exchanges, alternative trading systems (ATS’s), including electronic communications networks (ATS) 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.