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 February 05, 2012
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Note to all investors due to an increase in regulation, due diligence responsibility and liability OC Securities is raising it certificate processing fee effectively immediately 12/14/2010. Please refer to the Commissions/Fees page for current fee schedule.
All rates are negotiable for active/long term clients. 6/21/2011
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IMPORTANT NOTICE FROM OUR CLEARING FIRM: New Low Price Security Policy.
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OC Securities, Inc.: Commissions/Fees
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Minimum Deposit
A minimum of $5000 in the form of a check, bank wire, or account transfer is required to activate your OCS account.
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Equity Commissions
Using Axis 3.0, Axis Pro or Omni Pro there are no trade size limits or order handling fees. Commissions apply to regular session market, limit, stop, and stop-limit trades.
| Type |
Commission per Trade |
| Online (any type) |
call |
| Broker-Assisted |
call |
| Full-Service Retail |
call |
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ECN and Routing Fees
| Route |
Fee |
Auto Route/P3
MNGD
TRIM
WEIN
EFGI
SCHB |
Free |
NITE
UBSS |
$2.00 per executed trade |
| NITE |
.00004 per executed share
for all securities priced under $1.00 |
ARCX
NSDX |
.004/share |
ARCX
NSDX |
.004/share |
NYSE
QUIK |
.004/share |
GNET for OTCBB
(will reflect order on Level 2) |
Adding liquidity - Free
Removing liquidity - 1/2% of principal, min .50, max $24 |
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Margin Rates
| Range |
Rate |
| Under $50,000 |
base rate plus 3.00% |
| $50,000 - $249,999 |
base rate plus 2.00% |
| $250,000 - $999,999 |
base rate plus 1.00% |
| Above $1,000,000 |
base rate |
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Subscription Services
| Service |
Cost |
| Real-time Quotes via website |
$10 per month |
| NASDAQ Level 2 |
$10 per month |
| Axis 3.0 |
$35 per month |
| Axis Pro |
$85 per month |
| Omni Pro |
$100 per month |
| Optional Paper Monthly Statement |
$5 per month |
| Dow Jones Industrial Average Quote |
$1 per month |
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Additional Fees 2
| Description |
Cost |
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Wire fee (domestic) |
$20.00 |
| Prepays |
$100.00 and CEO approval. |
| Foreign Wire Fee |
$50.00 |
| Saturday Delivery Checks |
$25.00 |
| Overnight Check Delivery (U.S.) |
$15.00 |
| Overnight Check Delivery (Int’l) |
$25.00 |
| FedEx fees |
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$25.00 |
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$35.00 |
| PenFlex™ Account |
$30.00 annually |
| PenFlex Account Check Re-Order |
$5.00 (100 checks)
(Initial order is free) |
| PenFlex Check Reorder Rush Fee |
$35.00 |
| PenFlex Check Stop Payment Fee |
$25.00 per check |
| PenFlex Account Returned Check (NSF) |
$30.00 per check |
| Stop payment |
$25.00 per check
(only if check is 10 or less days old) |
| Returned check (NSF) |
$25.00 per check |
| Extension Request |
$10.00 per request
plus interest until covered |
| Restricted Stock processing fee |
$300.00 |
| Cancel & Corrections |
$10.00 per confirmation |
| ACAT fee* |
$150.00
(*may vary for non-U.S. issuers) |
Certificate Clearing/Processing Fee
Includes all Stock Certificates, DWACs
and DRS deposits.
Requires $300.00 initial deposit. |
A minimum service charge of $1,200.00 for all certificates.
5% for all certificates between
$25,000 to $100,000
4% for all certificates between
$100,001 to $250,000
3% for all certificates between
$250,001 to $500,000
2% for all certificates $500,001+
Charges are based on the cleared stocks offered price on the day of booking.
Payment of cleared stock is due on day booked if not stock will be liquidated
to pay fees.
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| Conversion fees (ADR to ordinary) |
$20.00 |
| DTC Transfer Fee (3rd Party) |
$300.00 per request |
| DWAC (Withdraw) |
call |
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Journals: to a OC Securities Client |
call |
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Journals: out of OC Securities |
call |
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Prospectus Trade |
$400.00 plus 2.5% of the trade |
| 144 Stock |
$400.00 processing fee
144 processing |
| *NOTE: Agent fees are subject to change |
| Wire cutoff |
2:30pm Central Time to be processed same day |
| Check cutoff |
3:30pm Central Time to be processed same day |
| Credit/Debit Interest |
Available on by logging on to https://online.penson.com/ clicking on the Documents Tab -> Informational Documents and select the file is titled “Scudder Money Market Rates” |
All Open Debits will be settled at month end by automated brokers assisted liquidation.
To avoid open debits, inactive OC accounts or accounts that fall below $2500.00 in equity may have permissions shut off. If your permissions have been shut off please call 949-887-7226 for broker assisted trades. Client is responsible to verify all trades and commissions
* Commission rates based on a minimum of 25 trades per month. |
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_________________________________________________________________________________________________
Brokerage Products and Services Offered by OC Securities, Inc., Member of Finra and SiPC.
No information on this web site should be considered a recommendation or solicitation to invest in a particular security or type of security. Margin trading involves incurring interest expense and risks, including the potential to lose more than invested, or the need to deposit additional funds/collateral in an adverse market to your positions. Please review our margin disclosure for information on our lending policies, interest charges, and risks associated with margin accounts.
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