Pricing Guide for Retail Customers
Effective September 1, 2023
Commission Fees
Rates are negotiable based on several factors, including but not limited to volume, trading style, and risk parameters. For more information call 646-845-4276 or your account manager.
| Description | Fee |
|---|---|
| Stocks | Per share |
| Options | Per contract |
| Futures | Per contract |
Routing Execution
Access to major US based exchanges, ECNs, ATS, Dark Pool, and single market maker routes as well as a suite of algo and SOR functionality.
Stock Borrow Fees
T3 may impose Stock Loan or Stock Locate fees if your account holds open orders or short positions for certain securities, regardless of how they were initiated (e.g., short selling, option exercise or assignment, account transfer, or otherwise).
Margin Information
T3 offers 4x intraday and 2x overnight buying power with a margin account.* Margin rates begin at Overnight Bank Funding Rate +350 bps annualized.
* Accounts with a balance over $500k may be eligible for Portfolio Margin subject to compliance and clearing firm approval.
Potential Market Data Fees
Customers will be provided with a link to select Sterling market data. The following rates will apply and be directly debited from the brokerage account per month if selected:
| Description | Fee |
|---|---|
| NON-PRO NSDQ, AMEX, NYSE Level 1 | $7.00 each |
| AMEX PRO | $42.00 |
| ARCA PRO | $80.00 |
| ARCA NON-PRO | $17.00 |
| NSDQ PRO | $165.00 |
| NYSE PRO | $65.00 |
| Imbalance Data ARCA, NSDQ, NYSE | $30.00 each |
| BATS Book | $70.00 |
| CBOE MDX Indices | $15.00 |
| CME Access Fee | $95.00 |
| Dow Jones | $40.00 |
| EDGA Book | $28.00 |
| EDGX Book | $60.00 |
| NASDAQ GIDS | $12.00 |
| NYMEX Futures | $100.00 |
| OPRA | $60.00 |
| Basic News | $55.00 |
Platform Fees
| Description | Fee |
|---|---|
| Sterling Trader Pro Desktop | $250.00 |
| Sterling Trader Pro Web/Mobile* | $110.00 |
| Sterling Trader Options Module* | $110.00 |
* Available as add-ons to Sterling Trader Pro Desktop.
Other Relevant Fees
| Description | Fee | Charged By |
|---|---|---|
| Withdraw via Wire Transfer | $25 per Withdrawal | Velocity (Clearing Firm) |