SB-62 CONSOLIDATING COMMISSION

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Consolidating Commission

 

This is an add-on of SB-50. It makes the multi-channel commission calculation even more sophitisticate. This option will sum up a client’s daily turnover, and compare with a Daily Turnover Amount, then use the applicable commission rate to calculate the commission amount. There is a daily maximum option for promotion of daily unlimited transactions with a fixed fee.

 

   -------------------------   POP SECURITIES LIMITED  -------------------

  24 Jan, 2003.            (12) ALTER COMMISSION RATE             17:49:16

 

           COMMISSION CODE : [01]

       FOR DAY TRADE (Y/N) : [ ]

   NORMAL          CHANNEL : [ ]         PRIVILEGE RATE SETTINGS :-

                                                Comm   Rebate     For Trade

                     Normal    Bonds            Rate     Rate     Above Amt

  COMMISSION RATE : [0.2500] [0.2500]    1 : [0.2300] [0.1000] [    100,000]

      REBATE RATE : [0.1500] [0.1500]    2 : [0.2100] [0.0750] [    500,000]

  MIN COMM AMOUNT : [100.00] [100.00]    3 : [0.2000] [0.0500] [  1,000,000]

   MIN REBATE AMT : [ 50.00] [ 50.00]

 

                                  Turnover        Commission         Rebate

 Daily Turnover Amount 1 : [2,000,000    ]   Rate : [0.15  ]       [ 0.06 ]

                       2 : [3,000,000    ]          [0.12  ]       [ 0.048]

                       3 : [4,000,000    ]          [0.10  ]       [ 0.04 ]

                       4 : [             ]          [      ]       [      ]

             Client Whole Day Maximum Amount : [5,000      ] [2,000       ]

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