Stock Schedule

Formula for calculating commission: (A + B) x C

 

A. Value Table: Round/Odd Lot Portion

Principal Amount of TransactionCommission Rate
 0 - 1,0003.20% of Principal+ $0
1,001 -2,0002.20% of Principal+ $5
2,001 - 5,0001.40% of Principal+ $25
5,001 - 10,0001.35% of Principal+ $26
10,001 - 20,0001.04% of Principal+ $56
20,001 - 30,0001.04% of Principal+ $58
30,001 and above0.55% of Principal+$210

 

B. Shares Table

SharesCommission Rate
 0 - 199$0.03 per share+ $12
200 - 499$0.15 per share+ $0
500 and above$0.05 per share+ $39

 

Shares Table, Odd Lot Portion

SharesCommission Rate
 1 - 99$0.03 per share+ $12

 

C. 1.41

Notes on Stock Schedule:

1. There is an additional $15 component to the commission.

2. Maximum charges:

a. Principal $0 – $50: No commission charged

b. Principal $51 – $1,050: Maximum charge (Commission plus $15); Cannot exceed 10% of principal

c. Principal $1,051 – $2,100: Maximum charge (Commission plus $15); Cannot exceed $105

d. For trades 150 shares or less: $157.97

e. For trades greater than 150 shares: $1.0531 per share

3. Maximum charge: Max = 5% of principal unless principal is less than $2,100.

4. Commission for an odd lot trade cannot exceed commission for a trade at the next higher round lot.

5. The commission charge for a multiple round lot cannot be more than the commission that would be charged if the trade was calculated as a number of separate single round lots.

Option Schedule

 

Priced Under $1 - Single Option

PriceCommission Rates
 0 - 0.13$3.13 x 1.113945+ $15
0.13 - 0.50$6.25 x 1.113945+ $15
0.50 and above$12.50 x 1.113945+ $15

 

Priced Under $1 - Multiple Options

(6.27% of principal + $2.09 per option) x 1.113945 + $15

Formula for calculating commission: (A + B) x C x 1.204842912, where A can equal a value from the Single or Multiple Option tables.

 

A. Priced at or over $1 - Single Option

Principal AmountCommission Rate
100 - 2,4991.30% of Principal+ $12
2,500 - 4,7770.90% of Principal+ $22
4,778 and above0.00% of Principal+ $65

 

A. Priced at or over $1 - Multiple Options

Principal AmountCommission Rate
100 - 2,4991.30% of Principal+ $12
2,500 - 19,9990.90% of Principal+ $22
20,000 - 29,9990.60% of Principal+ $82
30,000 and above0.40% of Principal+ $142

 

B. Plus

ContractsCommission Rate
1 - 10$6 each
11 and over$4 each

 

C. Multiplier

Principal ValueMultiplier Value
Less than $5,0001.3556655
Equal to or over $5,0001.4172679

 

Notes: (Unless otherwise stated)

1. There is an additional $15 component to the commission.

2. Minimum charge for options priced under $1 will be $25

3. Minimum charge for options priced over $1 will be $90 plus $15

4. Maximum commissions are : $65 per option x 1.113945

5. If the commission for options under $1 is less than the option minimum, then the minimum and the maximum do not apply.

6. The commissions charge for a multiple round lot cannot be more than the commission that would have been charged if he trade had been calculated as a number of separate single round lots.

For more information about Janney, please see Janney’s Relationship Summary (Form CRS) on www.janney.com/crs which details all material facts about the scope and terms of our relationship with you and any potential conflicts of interest.

To learn about the professional background, business practices, and conduct of FINRA member firms or their financial professionals, visit FINRA’s BrokerCheck website: http://brokercheck.finra.org/