Commissions, Rates & Fees

All prices are shown in U.S. dollars. Fees charged may vary by program, location or arrangements. Fees are subject to change upon 30 days notice to you. TD AMERITRADE charges a sales fee on certain sell transactions. The sales fee is assessed at a rate consistent with Section 31 of the U.S. Securities and Exchange Act of 1934.

Stocks

Please note: Some orders cannot be completely filled at one time (due to share availability), so you may receive partial executions throughout the day or (if a good-'till-canceled order) over the course of several days. Orders executed in multiple lots on the same trading day will be charged a single commission. When an order is partially executed over multiple trading days, the order is subject to a separate commission charge for each trading day. For example: You place an order to sell 1,000 shares of XYZ. On day one, you receive a fill of 500 shares. On day two, you receive one fill of 300 shares and another fill of 200 shares. Two commissions will be charged, one for the fill on day one and one for the two fills on day two. If you choose to cancel the order after day one, only one commission will be charged.

Options*

Please note: Option exercises and assignments will incur a $19.99 commission.

*Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Please read Characteristics and Risks of Standardized Options before investing in options.

Bonds

Note: TD AMERITRADE acts as principal whereby the bonds will be subject to a markup or markdown.

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