Commission Schedule for Trading with a Broker
“Seaport Eliminates Paper Statement Fees”
The commission on all stock trades over 1000 shares* is now 1.5 cents per share (a 25% savings).
The commission on all option trades is now $1.25 per contract (a 37% savings) plus the new lower minimum of $14.95 (a 40% savings).
| Number of Shares | Rate Per Share | Total Commission |
|---|---|---|
| 100 | .10 | $34.00 |
| 200 | .10 | $34.00 |
| 300 | .10 | $34.00 |
| 400 | .10 | $40.00 |
| 500 | .10 | $50.00 |
| 600 | .10 | $60.00 |
| 700 | .10 | $70.00 |
| 800 | .10 | $80.00 |
| 900 | .10 | $90.00 |
| 1,000-1,999 | .07 | ** |
| 2,000-2,499 | .06 | ** |
| 2500--4,999 | .05 | ** |
| 5,000-7,499 | .04 | ** |
| 7500-9,999 10,000 + | .035 .03 | ** ** |
*Number of shares x Rate = Commission
All Options (and Stock Index Options) = $6.25 per option contract up to 10 contracts.
More than 10 contracts are negotiable
All Bonds = $3.00 per bond
Minimum Commission $34.00 per transaction
**Foreign Stocks = A pass-along international clearance fee, execution fee and foreign transaction fee (in addition to the regular commission) will apply for stocks dually listed on the NASDAQ Bulletin Board Foreign market and foreign stock exchanges or markets. These stocks typically have symbols with 5 letters and end in an "F". Example LMNOF
Please ask before placing your order. For example, Canadian stocks have an additional $17 for clearance and .005 cents per share for execution. (minimum $25) Australian stocks have $30 additional for clearance, $7.20 for international settlement and 20 bps per share for execution (minimum $25).