RealTick Pricing Schedules
* For any month in which your trading exceeds 500,000 shares of stock, 5,000 stock option contracts or 5,000 futures contracts (2,500 round-turns or 5,000 sides), Vision will provide RealTick free of charge. Volumes below these figures will result in a platform cost of $250 per terminal, per month. Note that Vision's fee waiver for volume relates only to the cost of the platform. Additional features and add-ons which you elect to utilize will be passed on at cost by Vision at the then applicable monthly rate. If you have more than one terminal, the figures above need to be multiplied by the number of terminals to continue to receive the fee waiver. For example, if you have three terminals, Vision will waive the monthly cost for each terminal if your trading volume that month exceeds 1.5 million shares of stock, 15,000 stock option contracts and/or 15,000 futures contracts. If you have three terminals and trade one million shares Vision will waive the cost of two terminals and bill you for the third terminal.
** The annual rate of interest you will be charged for a margin loan may vary from a minimum of the current broker’s call loan rate (“BCL”) to a maximum of 2.00% above the broker’s call loan rate, depending upon the amount of your average debit balance. “Broker’s Call,” also known as the “call loan rate,” is published daily in the Wall Street Journal.
Day trading strategies involve substantial risk and are not suitable for all investors. Due to the high volume of trades involved in day trading, commission costs can have a substantial impact on your investment return.
Please keep in mind that high volume, market volatility and congested system access could delay the execution of your trades.