TradeStation Securities Announces Lower Commissions For Stocks and Futures
TradeStation Securities today announced lower commission rates for stocks, ETFs, futures and single-stock futures.
The new pricing, which becomes effective midnight, October 31, will be as follows:
Stocks and ETFs – Base commissions will be lowered to 1 cent per share for the first 500 shares of a trade, as compared to the current rate of 1.2 cents for the first 500 shares (for a 500 share trade, this is a base commission reduction to $5.00 from $6.00). The minimum commission is also being lowered to $1.00 per trade from the current minimum of $1.20 per trade. Shares in excess of 500 shares in a trade will continue to be charged 6/10ths of one cent per share (i.e., 60 cents per 100 shares).
Futures, Single-Stock Futures and Futures Options – For electronic futures and futures options contracts, base commissions will be lowered to $2.50 per contract ($5.00 per round-turn), as compared to their current rate of $2.80 per contract ($5.60 per round-turn). Base commissions for single-stock futures will be lowered to $1.10 per 100-share-based contract ($2.20 per round-turn), as compared to their current rate of $1.20 per 100-share-based contract ($2.40 per round-turn).
Prices do not include SEC or NFA fees. A monthly Base Platform Fee may apply. See www.tradestation.com for details. Prices, costs, terms and conditions subject to change."
__________________
Thank you,
Michael De Carvalho
Active Trader Sales Manager
TradeStation Securities, Inc. |
