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Re: cats post# 48

Sunday, 03/28/2004 10:49:40 PM

Sunday, March 28, 2004 10:49:40 PM

Post# of 67
This is from the www.lowtrades.com website

COMMISSIONS AND FEES - COMMISSIONS

Equities
$5.00 for market orders placed over the Internet.
$5.00 for limit orders placed over the Internet.
$5.00 for short sells placed over the Internet.
$5.00 for stop orders placed over the Internet.
$25.00 for broker-assisted equity transactions.


Additional ECNs and exchanges are available. Rates are $5 for market and limit plus ECN fees. ECN fees are as follows:

AMEX $.005/share**

ARCA $.005/share

ATTN $.005/share

BOS $.003/share

BRUT $.005/share

CHX $.003/share**

TRAC $.01/share

ISLD/INSTINET $.005/share

NYSE $.004/share for market and marketable limits**
$.01/share for limit orders subject to floor broker

OTC CHX $.003/share**

PHLX $.003/share





*SuccessTrade will waive ECN fees for auto routed orders
*plus direct access to market makers at no additional cost
**for Institutional orders please inquire within about specialist pricing


Trailing Stops
$1 additional per order

Real Time Streaming Quotes
No Charge.

Stock Ticker
No Charge.
Logical Orders

$3.00
* Logical Orders cannot be placed on stocks trading below $5.00



Trading Desk
No Charge

Level II Quotes
$20.00 first month.
$40.00 a month each month after.
No set-up fee.

* Includes all exchange fees

Mutual Funds
Load Funds - The sales charge in the purchasing of a load fund is fixed by prospectus.
LowTrades.Com charges no additional fees.
NOTE: There is no charge on the liquidation of a load fund.
No Load Funds - No load funds are charged one flate rate - $25.00 regardless of the size of the transaction.
NOTE: Broker-assisted no load fund transactions are charged $25.00.



Additional Notes on Fees:

Our commission is a flat rate $5 on all transactions (market, limit, stop, stop-limit). Other fees to consider are the NASD Trading Activity Fee and the SEC fee. These are both charges levied by the NASD and the SEC on some sell-side transactions. The TAF fee is $.0001 per share capped at $10 per execution, and the SEC fee is $.0000468 per dollar of the principal.

Block Trading Fees applies to all orders for OTC-BB and Pink Sheet stocks of 100,000 shares or more. This fee is $.0005 per share or 1% of the principal, whichever is lower.




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