$35.00 surcharge

Accomodation Transfers:

$10.00 plus certificate fees

ACAT Charges:

$5.00 per account transferred from Penson.

Cancels / Corrections:

$10.00 per confirmation.

Certificate Charges

At cost

Foreign Securities:

Transfer fees and transaction fees at cost.

Government Bond Fee:

A $15.00 miscellaneous fee will be charged to the customer on all purchase and sale transactions of government and government backed securities, other than treasury bills. A $5.00 fee will be charged on Treasury bill transactions. DVP accounts will have these fees added to the ticket charge.

Legal Deposits:

$10.00 per item

Reg "T" Extension:

$10.00 per request plus interest from settlement date until paid

Reorg. Items and Tenders

$15.00 per item per account

Research & Statement Copies:

$15.00 per hour with a minimum of an hour

Returned Checks:

$20.00 plus interest from the earlier of the settlement date or date of deposit.

Safekeeping Charge:

Customer accounts with securities in the account, and with less than two trade during calendar year, will be subject to a $25.00 charge.

Securities Purchase Against Non-Cleared Funds:

Interest on Balance

Taxpayer ID Penalties:

At Cost

Transfers Fees:

At Cost

Domestic Wire Funds:

$15.00

Foreign Wire Fee:

$50.00

Monthly Maintenance Fee: (Applies to TRADEX/IB only)

$10.00