Margin Interest Rates |
 |
LOAN BALANCE |
INTEREST RATE |
| $0.01 - $9,999.99 |
base rate(3.75%) + 3.00% = 6.75% |
| $10,000.00 - $49,999.99 |
base rate(3.75%) + 2.75% = 6.50% |
| $50,000.00 - $99,999.99 |
base rate(3.75%) + 1.75% = 5.50% |
| $100,000.00 - $149,999.99 |
base rate(3.75%) + 1.50% = 5.25% |
| $150,000.00 - $249,999.99 |
base rate(3.75%) + 1.50% = 5.25% |
| $250,000.00 - $499,999.99 |
base rate(3.75%) + 1.25% = 5.00% |
| $500,000.00 - $999,999.99 |
base rate(3.75%) + 0.75% = 4.50% |
| $1,000,000.00 and above |
base rate(3.75%) + 0.25% = 4.00% |
 |
| The margin base rate corresponds to the Genesis Securities broker call rate as defined by current industry standards and other commonly recognized interest rates as well as the common charges related to extending margin credit. Base rate is current as of July 16, 2008, and is set at 3.75%. Securities priced at or below $5 are not marginable with SogoTrade, and are subject to liquidation to cover margin debits. |
Cash Interest Rates |
|
FREE CASH BALANCE |
INTEREST RATE |
| $0.01 - 2,499.99 |
0.00% |
| $2,500 - 9,999.99 |
0.15% |
| $10,000.00 - 49,999.99 |
0.40% |
| $50,000.00 - 99,999.99 |
0.65% |
| $100,000.00 - 249,999.99 |
0.90% |
| $250,000.00 - 499,999.99 |
1.15% |
| $500,000.00 - $999,999.99 |
1.40% |
| $1,000,000.00 and Greater |
1.40% |
Miscellaneous Fees |
|
SERVICE |
FEE |
| Electronic confirmation |
No Charge |
| Electronic statement |
No Charge |
| Monthly statements and confirmations (hardcopy) |
$5 |
| Duplicate historical confirmation |
$5 |
| Duplicate historical statement |
$5 |
| Overnight delivery |
$20 |
| Broker Assisted Trade |
$27 |
| Margin Sellout |
$27 |
| Returned ACH (Electronic Transfer) |
$25 |
| Returned Checks |
$20 |
| Notices, such as Sell out or Buy in |
$20 |
| Wire funds out domestic / International |
$20/$40 |
| Voluntary reorganizations |
$25 |
| Legal items |
$25 |
| Certificate delivered out / Reregistered |
$50 plus direct cost |
| Regulatory Transaction Fee |
15.35 per million or 0.00001535 per dollar of sales proceeds |
| Transfer(ACAT) out |
$50 |
| Transfer(ACAT) in |
No Charge |
| Internal Transfer |
$10 |
| Account closing |
No Charge |
| Online confirmations and statements |
No Charge |
| Annual account maintenance |
No Charge |
| Inactive account |
No Charge |
All commissions, fees and rates are subject to change.
|