Note: Options carry a level of risk and are not suitable for all investors. Certain requirements must be met to trade options through York Securities. Before considering any transaction, please read the disclosure document/booklet called the Characteristics & Risks of Standardized Options. Contact YORK at 1-800-221-3154 (or fax, mail, or E-mail your request to: email@example.com) for a copy of this document.
Investors should consider the investment objectives, risks, charges and expenses of the investment company carefully before investing. To check this or any other information about a specific mutual fund, please request a prospectus from the fund company or York Securities, to read thoroughly before entering an order.
Sale transactions will include the industry-wide Security Transaction Fee at the rate of $20.70 per $U.S. million. (Fee is in accordance with Section 31 of the Securities Exchange Act of 1934. Rate effective 04/15/2019).
Inactive Account Fee Details:
An inactive account would meet the following criteria:
• The account has had no settled trades subject to a commission or load charge, during the one-year period ending July 15th 2024.
• The account had margin (debit) interest of less than $100 for the one-year period ending July 15th 2024.
The following accounts are exempt from inactive account fees:
• Accounts executing at least one trade (subject to a commission charge) that settles during the one-year period ending July 15th 2024, exclusive of dividend reinvestment trades.
• Accounts that generated at least $100 of margin (debit) interest during the one-year period ending July 15th 2024.
• Individual retirement accounts (IRAs), and other qualified retirement plan accounts for which our clearing agent acts as custodian.
• Accounts that maintain a net cash credit balance of at least $10,000 during the one-year period ending July 15th 2024.
• New Accounts opened during the one-year period ending July 15th 2024.
|Debit Balance||Interest Rate|
|$0--$14,999||Broker Call +3.25%|
|$15,000--$49,999||Broker Call +3.00%|
|$50,000--$99,999||Broker Call +2.25%|
|$100,000 & over
||Broker Call +1.75%|
Disclosure: Use of margin leverage entails risk, and may not be appropriate for all investors. Not all securities are marginable. York Securities does not provide investment advice. All orders are unsolicited. Visit the Forms page to obtain a Margin Agreement & Disclosure Statement, or contact us with any questions.
Fees are subject to change.