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Commissions are on the _transaction_ amount, not the amount of profit/loss.

Posted by: DTravel on Feb 06, 22:18 in response to tallbridge's post Commissions

As an example, if you paid $100,000 to short security EXAMP you'd pay $1,000 in commision.
If you then covered it for $150,000 paid to you (profit of $50,000) the commission would be $1,500 because the transaction was $150K.
So from the example you posted the commision when you covered AMACK should be $38,294 because the transaction was $3,829,362.
Does that help?

Commissions tallbridge Feb 05, 14:54

There is a 1% commission on each transaction. So a 1% comm. when you shorted AND a 1% comm. when you covered. {nm} DTravel Feb 05, 15:41

Commissions tallbridge Feb 05, 18:12

Please show us how the Commission was Doubled. Numbers please. {nm} Captain Obvious Feb 06, 00:16

Commissions tallbridge Feb 06, 14:19

HOLLYWOOD ACCOUNTING. INCORRECT TERMINOLOGY. Captain Obvious Feb 06, 16:12

Commissions tallbridge Feb 06, 20:42

HOLLYWOOD ACCOUNTING. INCORRECT TERMINOLOGY. Captain Obvious Feb 06, 21:19

Well that clears that up, nice of you to admit you have no idea! You really should try to get out of your mothers basement once in a while. {nm} tallbridge Feb 07, 20:15

Fully Renovated. Captain Obvious Feb 08, 06:06

Nice, your mother is doing really well. {nm} tallbridge Feb 08, 10:53

Guys, please knock it off before Antibody has to step in. {nm} DTravel Feb 08, 10:56

Fair enough, I'm done! {nm} tallbridge Feb 08, 13:59

Commissions are on the _transaction_ amount, not the amount of profit/loss. DTravel Feb 06, 22:18

Thank you, I appreciate your comments. {nm} tallbridge Feb 06, 22:44

I was off slightly with AMACK. Forgot when I posted that what your transaction history shows is what you got _after_ the commision. DTravel Feb 07, 11:36

There is No Commission when StarBonds Bite the Salty Pickle of Pardinky (Dead Delist CashOut). {nm} RotoHockeyYTD2014 Feb 05, 17:13

The Commission Structure never Changed with a 5,000 Share Increase. There is a Minimum 0.02 Commission when their Value is 2.00 or less. {nm} RotoHockeyYTD2014 Feb 05, 17:15





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