Here is what the executioner charges:
The Executioner I
COMMISSION RATES:
NASDAQ or LISTED $22.50 Per Trade
Note: Rates are based on unlimited ticket size regardless of exchange. There are no additional "per share" fees except for the below listed ECN fees.
USE OF SOFTWARE:
$175.00 Per Month $58.50 Exchange Fees (NASDAQ-NYSE-AMEX) (No charge with 25+ transactions per month)
Exchange fees and use of software (Real Time dynamically updated NASDAQ Level I and II, NYSE and AMEX quotes as well as intraday charting) is free to those traders who make 25 trades per month.
ADDITIONAL ECN FEES:
ARCHIPELIGO (TNTO): ISLAND: INCA: BLOOMBERG FREE $1.00 Flat $0.010 Per Share $0.015 Per Share
MISCELLANEOUS FEES:
Returned Check: Stop Payment within 10 days: Certificate Registration: Overnight Delivery: $15.00 $10.00 $15.00 $ 7.50
TRANSFER FEES:
ACAT, DTC Foreign Transfer, ACAT Wire-Domestic FREE $25.00 - $50.00 $15.00
OPTIONS:
Phone Orders: Paul Adcock 800-452-6294 312-960-1318
Lot size of 1-5 Lot size of 6-20 Lot size of 21-49 Lot size of 50+ $7.00/option $4.00/option $3.00/option Negotiable
**$25.00 minimum ticket charge
EXCHANGE FEES:
NYSE Amex Nasdaq Level II Nasdaq Level I Options CME CBOT $5.25 $3.25 $50.00 $4.00 $5.00 $55.00 $60.00 per month per month per month per month per month per month per month
OPTIONAL SERVICES:
Real Time News $50.00 per month
ACCOUNT PROTECTION:
Securities in your account are protected up to $500,000 (limited to $100,000 for cash) through The Securities Investor Protection Corporation (SIPC) with an additional $24.5 million (cash and securities) of coverage through American International Group , Inc. (AIG).
Accounts are cleared through Southwest Securities, a Dallas Texas based publicly traded company on The NYSE under the symbol SWS.
MINIMUM:
Minimum ammount needed to establish an account is $10,000.
The Executioner II
COMMISSION RATES:
NASDAQ or LISTED $22.50 Per Trade (0-19 Trades)
NASDAQ or LISTED $21.95 Per Trade (20-49 Trades)
NASDAQ or LISTED $20.95 Per Trade (50-99 Trades)
NASDAQ or LISTED $19.95 Per Trade (100-149 Trades)
NASDAQ or LISTED $18.95 Per Trade (150+ Trades)
Note: Rates are based on unlimited ticket size regardless of exchange. There are no additional "per share" fees except for the below listed ECN fees.
As one upgrades up the commission scale, discounts are retroactive to the first trade of that month.
USE OF SOFTWARE:
$250.00 Per Month $58.50 Exchange Fees (NASDAQ-NYSE-AMEX) (No charge with 50+ transactions per month)
Exchange fees and use of software (Real Time dynamically updated NASDAQ Level I and II, NYSE and AMEX quotes as well as intraday charting) is free to those traders who make 50 trades per month.
ADDITIONAL ECN FEES:
ARCHIPELIGO (TNTO): ISLAND: INCA: BLOOMBERG FREE $1.00 Flat $0.010 Per Share $0.015 Per Share
MISCELLANEOUS FEES:
Returned Check: Stop Payment within 10 days: Certificate Registration: Overnight Delivery: $15.00 $10.00 $15.00 $ 7.50
TRANSFER FEES:
ACAT, DTC Foreign Transfer, ACAT Wire-Domestic FREE $25.00 - $50.00 $15.00
OPTIONS:
Phone Orders: Paul Adcock 800-452-6294 312-960-1318
Lot size of 1-5 Lot size of 6-20 Lot size of 21-49 Lot size of 50+ $7.00/option $4.00/option $3.00/option Negotiable
**$25.00 minimum ticket charge
EXCHANGE FEES:
NYSE Amex Nasdaq Level II Nasdaq Level I Options CME CBOT $5.25 $3.25 $50.00 $4.00 $5.00 $55.00 $60.00 per month per month per month per month per month per month per month
OPTIONAL SERVICES:
Real Time News $50.00 per month
ACCOUNT PROTECTION:
Securities in your account are protected up to $500,000 (limited to $100,000 for cash) through The Securities Investor Protection Corporation (SIPC) with an additional $24.5 million (cash and securities) of coverage through American International Group , Inc. (AIG).
Accounts are cleared through Southwest Securities, a Dallas Texas based publicly traded company on The NYSE under the symbol SWS.
MINIMUM:
Minimum ammount needed to establish an account is $10,000.
As you can see, insider trading is in line with the competitions fees.
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