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GardenGnomes

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GardenGnomes

Re: goarmy123 post# 394

Sunday, 01/08/2012 10:52:32 PM

Sunday, January 08, 2012 10:52:32 PM

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Depends on how many shares you have. I'm a use their example 1, but add shares.

Tom buys 300,000 shares of XYZ Inc. with an average execution price of $0.25 per share. The principal amount of the trade is $75000.00 (300,000 X $0.25). In addition to his regular real-time trade commission, $9.95 in this example, Tom also pays a $2100.00 low-priced security surcharge (300,000 X $0.007) for a total commission of $2,109.95
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