Stocks |
Exchange Fees |
|---|---|
| AUTO | FREE* |
| ARCA | $0.005 per share |
| BATS | $0.005 per share |
| NSDQ | $0.005 per share |
Options |
Exchange Fees |
| AUTO | Free* |
|
Other Routes |
Free* |
| Routes Description | Free* AUTO, AMEX, BOX, C2, CBOE, GEMINI, ISE, SWEEP, MIAX, NQBX, PHLX |
CBOE |
CBOE Exchange Fees |
|
$SPX |
+.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 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 Fees |
Multiplier |
|---|---|
| SEC Sec. 31 Fee (Stocks) | ($0.0000221 * value of aggregate sales rounded to the nearest penny) SEC Fee = Total price of transaction * 22.10 / 1,000,000 |
|
FINRA TAF Fee (Stocks)
Finra TAF Fee |
($0.000119) $0.002 per contract for each sale of an option |
| Options Regulatory Fee (Options) | ($0.0357) Per U.S exchange listed option contract |
| Options Clearing |
|
| OCC Fees | Options Clearing Corporation Click for per options contract pass through rates |
There is a Section 31 regulatory fee of .0002210 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 Jan 2020)
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.
ORF and OCC Fees are assessed on all options trades and exchange fees are listed on the statement under Regulatory Fees.
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.
The Firm, in its efforts to seek best execution, routes client orders to national securities exchanges, alternative trading systems (ATSs), 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.