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 = additional $50 clearance fee. Example LMNOF