Futures Trading

Ira Epstein & Company
Accounts Section

 

Service Charges

Effective March, 2007  
FedEx Fees and Handling Charge  
FedEx Overnight Fee  25.00
FedEx 2-Day Delivery Fee  20.00
FedEx Saturday Delivery Fee  35.00
FedEx Overnight Fee to Canada  45.00
FedEx Overnight International Fee  80.00
Check and Wire Fees
Domestic Wire Fee  40.00
International Wire Fee  55.00
Stop Payment Fee on Checks Shatkin Arbor,Inc. issues 100.00
Returned Check Fee 125.00
Mail in Deposit Fee to Harris Bank. (Shatkin Arbor,Inc. and IECo does not want you to do this. If you do so, there will be a fee charge since it creates a lot of unnecessary research and work on to post the funds properly to your account.  30.00
T-Bill Fees
Purchase and/or sale of T-Bills  75.00
Roll-Over of T-Bills  75.00
Selling Fee for T-Bills  75.00
Transfer Fees
Transfer of T-Bills to another firm  75.00
Transfer of Account to another firm 100.00
Mailing Fees...these fees can be completely eliminated by allowing Shatkin Arbor,Inc. to e-mail your account statements to you. If you have not already done so, you can set this up by simply clicking here. Fill out the form and fax it back to us at the telephone number listed on the form.
Mailing of Statements in the USA $2.00
Mailing of Statements outside of the USA $3.00
Duplicate Statement sent by E-Mail NC
Duplicate Mailing of Statements in the USA $2.00
Duplicate Mailing of Statements outside of the USA $3.00
Taking or Making Delivery of Futures Contracts Fees
The cost of taking delivery, in addition to commission charges, storage charges and the like per contract. 225.00
Night Desk Fees
Night Trade Desk Charges...charged per order and is applied only if the contract is filled in the evening session and originates from an phoned in Night Desk Order   7.00
In addition to the above Ticket Charge on orders phoned in at night, there is a contract charge per filled contract on orders that originate from phone calls placed into the into the Night Trade Desk   1.50/ Contract
Exchange for Physical Fee
EFP Charges - per side  10.00
Document Fee
Production cost for document retrieval. Should you require us to reproduce a document for you, there is a small fee associated to each reproduced document.  10.00
+$2 Per Page
Maintenance Fee
A Maintenance Fee may be charged to customer accounts who maintain an average net trading equity balance, including T-Bills, of less than $2500 and do not incur trading commission charges of at least $25 in a calendar month. All IECo services are available to all customer accounts that are funded. There is a cost associated in maintaining and providing our services, which your commissions in part provide for.  10.00
Currency Conversion
Currency Conversion  30.00
CME Pit-Execution Fees
In addition to any brokerage, there is a Contract Charge per Filled Contract on orders that are executed in a Chicago Mercantile Exchange Trading Pit.  2.00

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