Listed and Over The Counter Stocks:
|
$35.00 Minimum for up to 300 shares, regardless of price.
|
| If price is less than $7.00 per share: |
| Add: |
3½¢ per share for 301 to 1000 shares |
| Then Add: |
3¢ per share for 1001 to 5,099 shares* |
| If price is $7.00 per share or over: |
| Add: |
5¢ per share for 301 to 1000 shares |
| Then Add: |
4¢ per share for 1001 to 5,099 shares* |
*Call us for a quote on larger transactions
|
For commission rates on OTC bonds, including corporate, government or agency issues, mutual funds or unit investment trusts, call us for a quote and/or prospectus.
|
Options:
|
| If price is under $1.00 |
1 Contract = $30.00 |
| 2 Contracts = $35.00 |
Each Additional Contract = $3.00
|
| If price is $1.00 or over |
1 Contract = $30.00 |
| 2 Contracts = $35.00 |
Each Additional Contract = $4.50
|
Mutual Funds:
|
| If a Load Fund |
Commission determined by fund as stated in the prospectus
|
| If a No Load Fund |
$35.00
|
Margin Rates:
|
|
DEBIT BALANCE |
CUSTOMER INTEREST RATE |
|
Up to $10,000 |
BSSC BLR + 3% |
|
$10,001 to $25,000 |
BSSC BLR + 2.5% |
|
$25,001 to $100,000 |
BSSC BLR + 2% |
|
$100,001 and over |
BSSC BLR + 1.5% |
|
The
BSSC Base Lending Rate (BSSC BLR) is
based on the Fed Funds Rate. The Fed
Funds Rate is currently 0.25%. The BSSC
BLR is currently 3.50% over the Fed
Funds Rate. Thus, the BSSC BLR is
currently 3.75%. An Interest Rate may
change without prior notice as a result
of changes in the BSSC BLR or a
Customer's Debit Balance. If an Interest
Rate is to be increased for any other
reason, the Client will receive at least
thirty days prior written notice.
|
Listed Corporate Bonds:
|
$35.00 minimum or $15.00 plus $2.50 per bond
|
Other Fees:
|
