Routing Fees

Route

STOCKS

Routing Fee

 Other Fees

 

AUTO

Free*

+ * Regulatory Fees (SEC and Finra TAF Fee on Sell Transactions, See below)

 

ARCA

$0.005 per share

+ * Regulatory (SEC and Finra TAF Fee on Sell Transactions, See below)

 

BATS

$0.005 per share

+ * Regulatory (SEC and Finra TAF Fee on Sell Transactions, See below)  

NSDQ

$0.005 per share

+ * Regulatory (SEC and Finra TAF Fee on Sell Transactions, See below)

 


OPTIONS

Destination Fee


Other Fees

 

AUTO

Free *

+*OCC/ORF,  Exchange & Regulatory Fees

 

CITI

Free *

+*OCC/ORF,  Exchange & Regulatory Fees

 

LIQ

Free *

+*OCC/ORF,  Exchange & Regulatory Fees

 

Other Option Routes

Free *

+*OCC/ORF,  Exchange & Regulatory Fees

 

CBOE Exchange Fees


$SPX,$SPXW, $VIX


$RUT,RUTW


$NDX,DJX


$OEX, $XEO

 

+.65 cents per contract

+.18 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

Regulatory Fees

 

Multiplier

 Description

SEC Sec. 31 Fee (Stocks)
 

                      ($0.0000231)

SEC Fee = Total price of transaction
* 23.10 / 1,000,000

FINRA TAF Fee (Stocks)

                       ($0.000119) 

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)

                          ($0.00388)

 Per U.S exchange listed option contract

Options Clearing Corporation

OCC Fees  

(Click for per options contract pass through rates)

There is a Section 31 regulatory fee of .0001212 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 April 2019)

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. 

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.

 

 

 

 

 
SEC Rule 606 Disclosure

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 (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. ** Click for Routing Report Pursuant to SEC Rule 606