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 â 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 â 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.
The new pricing, which becomes effective midnight, October 31, will be as follows:
Stocks and ETFs â 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 â 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.
