E-1
Buying and Selling of Debt Security
Buys and sells debt securities on the secondary market as a principal (for the broker's own account). Interest is earned by holding these securities. A fee is not charged.
E-2
Buying and Selling of Equity Security
Buys and sells equity securities on the secondary market as a principal (for the broker's own account). Dividends are received from holding these securities. A fee is not charged.
E-4
Coupon Interest
Long-term interest earned or short-term interest expense on debt securities.
E-5
Securities Borrow-Lending Service
Broker lends or borrows a financial instrument primarily to cover short deliveries. A fee is charged for the service.
E-6
Commission Revenue
Broker buys or sells securities on behalf of a client. A fee is charged for the service.
E-7
Cash/Broker Account (Free Credits)
Maintenance of a client's account to which interest is credited at a prescribed rate in relation to any cash on deposit by a client. The funds on deposit are payable on demand and may be used in the conduct of the brokerage business.
E-8
Margin Account
Interest charged at prescribed rates for the lending of money to a client to finance a security purchase against acceptable collateral.
E-9
Option Account
Broker buys/sells put or call options traded on stock or option exchanges. A fee is charged for the service.
E-10
Commodity Account
Broker buys/sells futures. A fee is charged for the service.
E-11
Returned Cheques
Client's cheque returned NSF (i.e., drawn on an account with insufficient funds). A fee is charged for the service.
E-12
Stop Payment
Client issues a cheque drawn on an account and subsequently gives instruction to stop payment on the cheque. A fee is charged for the service.
E-13
Wire Transfers
Client asks broker to transfer an amount held by the brokerage firm to a bank account. A fee is charged for the service.
E-14
Transactions in a Year [inactivity fee]
Maintenance of a client account (as described in E-7) that has seen no activity during a year. A fee is charged for the service.
E-15
Account Termination Fee (Transfer of cash position to another Financial Institution)
Client transfers cash position, in a cash/broker account, a margin account, an option account or a commodity account, to another financial institution. A fee is charged for the administration of the transfer.
E-16
Redemption of Mutual Fund Units
Client redeems mutual fund units with a financial institution. A fee is charged for the service.
E-17
Purchase "No-Load" Fund
Fee for processing the trade to buy a no-load (no commission) mutual fund.
E-18
Options/Futures/Foreign Exchange
Broker/Dealer acts as a principal (for own account) in acquiring options/futures that give the broker the right to buy or sell at a specified price a future supply of a commodity/security within a specified time (including future supply of currency). A fee is not charged.
E-19
Physical Certification
Broker issues physical certificates to client in the client's name at the time of a trade. A fee is charged for the service.
E-20
Fees with respect to the underwriting of a Financial Instrument
An underwriting contract is an agreement, made before financial instruments are brought before the public, to the effect that the underwriter will assume all financial instruments that remain unsold after a public offering. The underwriting contract may make provisions for the following;
- Management Group Fees (difference between the price of the security paid by the lead underwriter and the selling price to the Banking Group)
- Banking Group Fees (difference between the price of the security paid by the Banking Group and the selling price to "Defined Financial Institutions" and Selling Groups)
- Selling Group Fees (difference between the price paid to the Banking Group and the price charged to the retail investor and, a fixed fee based on sales volume of a new issue with the Selling Group member
E-21
Rush Transfers
Broker transfers or registers a certificate to client's name at the time of a trade. Service is performed on a priority, or rush, basis. A fee is charged for the service.
E-22
Transfers
Broker transfers or registers a certificate to client's name at the time of a trade. A fee is charged for the service.
E-23
Cheques issued on client account
Service fee charge based on number of cheques issued on client's account in any given period.
E-24
Substitution
The service of substituting cash with securities, either in or out of a self-directed RRSP, that involves the transfer of ownership from the individual to the trust or vice versa. A fee is charged for this service.
