Bonds Trading Commissions

USD <= 10,000 Face Value 25bps/0.25% 1.5% of Trade Value
USD > 10,000 Face Value 5bps/0.05% 1.5% of Trade Value
 

* Commissions apply to all order types.
* All exchange and regulatory fees included.
* All rates and commissions are subject quarterly review; clients will be notified of any changes