Service Fee:
Tiered Commission Plan：
|
Number of options traded per month
|
Commission per option
|
Platform Fee
|
|
1-500 options
|
USD 0.8
|
USD 0.3 per option, minimum USD 1 per order
|
|
501-1,000 options
|
USD 0.7
|
|
|
1,001-3,000 options
|
USD 0.6
|
|
|
3,001-15,000 options
|
USD 0.5
|
|
|
15,001-50,000 options
|
USD 0.4
|
|
|
50,001-100,000 options
|
USD 0.3
|
|
|
100,001 options and more
|
0
|
Fixed Commission Plan:
|
Commission
|
Platform Fee
|
|
USD 0.65 per option, minimum USD 1.99 per order
|
USD 0.3 per option, minimum USD 1 per order
|
Notes:
- Users can choose either the tiered or the fixed commission plan.Commission:Min. USD 1.99/Order.
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According to calculations, when the monthly trading volume of options exceeds 3000 contracts, the choice of a tiered commission plan is more suitable. (The above calculation results are for reference only, please choose a commission plan according to your needs).
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Each order will be charged by one tier only,based on monthly cumulative trade volume before placing new orders; Option contracts in one order will not be charged by different tiers.
Fees Charged on behalf of the third Parties
|
Charged By
|
Exchange
|
SEC
|
Financial Industry Regulatory Authority
|
American Options Clearing Corporation
|
Exchange
|
|
Type
|
Options Regulation Fee
|
SEC fees
(charged only for sell orders)
|
Trading Activity Fee
(charged only for sell orders)
|
Liquidation fee
|
Exchange Fees
|
|
Fees
|
USD 0.02905 per option
|
USD 0.0000229*trading value
Minimum USD 0.01 per transaction
|
USD 0.00244* Number of contracts sold
Minimum 0.01 USD per transaction
|
USD 0.02 per option
Up to USD 55 per order
|
Fees depend on the exchange on which the contract is traded
|
Notes:
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For options trading, additional fees may be incurred depending on the type of liquidity. The specific fees depends on the exchange.
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Tiger will adjust the third party fees in accordance with fee changes of exchanges, regulatory authorities.