*$0.50/1000* *_(Per Execution)_*
{noformat}$quantity * 0.0005;{noformat}
*$0.50 / 1000, $1 minimum per ticket* *_(Per Order)_*
{noformat}max(1, $quantity * 0.0005);{noformat}
*$0.50 / 1000, $10 maximum per ticket* *_(Per Order)_*
{noformat}min(10, $quantity * 0.0005);{noformat}
*$0.50 / 1000, $1 minimum, $10 maximum per ticket* *_(Per Order)_*
{noformat}max(1, min(10, $quantity * 0.0005));{noformat}
*$1 per execution* *_(Per Execution)_*
{noformat}return 1;{noformat}
*$2.95 per ticket* *_(Per Order)_*
{noformat}return 2.95;{noformat}
*$0.50 / 1000 Equities, 1.65 / contract options* *_(Per Execution)_*
{noformat}
$instrumentType = getInstrumentType($symbol);
if($instrumentType == INSTRUMENT_TYPE_OPTION) {
return $quantity * 1.65;
} else {
return $quantity * 0.0005;
}
{noformat}
*Non-Regressive Tiered Plan* *_(Per Execution)_*
The formula below will assess 0.0015 / share the first 500,000 shares traded in a month, 0.001 / share for shares 500,001 - 1,000,000 and 0.0006 / share for share 1,000,001 and up.
{noformat}
return computeTieredFee($quantity, $monthlyVolume, array(
500000 => '0.0015',
1000000 => '0.001',
'' => '0.0006'), false);
{noformat}
*Regressive Tiered Plan* *_(Per Execution)_*
The formula below will assess 0.0015 / share for the first 500,000 shares traded in a month. If the next tier is reached, the trader will receive a 0.0005 * 500,000 ($250) rebate and subsequent shares are assessed a rate of 0.001 / share. The rebate is credited on the execution that crosses the tier.
{noformat}
return computeTieredFee($quantity, $monthlyVolume, array(
500000 => '0.0015',
1000000 => '0.001',
'' => '0.0006'), true);
{noformat}