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| Broker: |
National Bank Discount Brokerage Inc. |
| Web Site: |
under http://www.nbc.ca/ |
| Customer Service: |
Phone: 1-800-363-3511
E-mail: Web.trad@bnc.ca |
| Mailing Addresses:
| 1100, University street, 7th floor
Montreal, Quebec
H3B 2G7 |
| Service / Accounts Available: |
- Cash, margin accounts, option, short-sale, and income accounts
- Self-directed & locked in RRSPs
- Self-directed RRIFs and RESPs
- Quebec stock savings plan (QSSP) account
- Estate accounts
- Locked-in retirement account (LIRA)
- Life income funds (LIF)
- Stock Savings Plan account (SSP)
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| Commission Schedule / Fees: |
(For the most up-to-date prices and conditions, please visit National Bank Discount Brokerage) |
| Equities |
|
Up to 1000 shares of any value:
- Express Brokerage Mode at market: $24.95
- Express Brokerage Mode at price limit: $27.95
- Direct Brokerage Mode: $29.95
Over 1000 shares
| Share price |
Internet and Automated Telephone Service |
Placed by phone with a person |
| Cdn. |
U.S. |
Cdn. |
U.S. |
| Commission / Price |
Commission / Price |
Commission / Price |
Commission / Price |
| $2.00 or less |
1.5% of principal |
2%
(minimum $41.95) |
2½%
(minimum $41.95) |
| $2.01 and higher |
3¢ per share |
$41.95 + 4¢ per share |
$41.95 + 6¢ per share |
| Note: |
(min. $24.95, $27.95 or $29.95, depending on the brokerage mode). If the order is partially filled over a number of days, the minimum set commission will be charged for each business day. |
A set commission of $41.95 applies to Canadian and U.S. securities transactions with a capital value of $2,000 or less. A minimum commission of $41.95 is charged on any Canadian and U.S. securities transaction made by telephone with an investment agent. If the order is partially placed and spread over a number of days, the minimum commission of $41.95 will be charged for each business day.
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| Mutual Fund Trades |
| |
Front-Load |
National Bank No-Load |
Other No-Load |
BackLoad |
| Purchase |
(for most fund families)
No commission if purchase amount exceeds $1,000 and account balance exceeds $15,000. Otherwise, it is 2% of the purchase volume, with a minimum of $32 |
$0 |
$0 |
$0 |
| Redemption |
$32 |
$0 |
$32 |
Varies |
| Note: |
A 20% discount on regular commissions applies to mutual fund orders traded through the website.
Some mutual funds carry transaction fees |
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|
| Option Trades |
| Contract price |
Internet and Automated Telephone Service |
Placed by phone with a person |
| Cdn./U.S. |
Cdn./U.S. |
| Commission / Contract |
Commission / Contract |
| $2.00 or less |
$28 + $1.20/contract |
$35 + $1.50/contract |
| $2.01 - $3.00 |
$28 + $1.60/contract |
$35 + $2.00/contract |
| $3.01 - $4.00 |
$28 + $2.00/contract |
$35 + $2.50/contract |
| $4.01 - $5.00 |
$28 + $2.40/contract |
$35 + $3.00/contract |
| $4.01 and higher |
$28 + $2.80/contract |
$35 + $3.50/contract |
| Note: | A set commission of $28 applies to option transactions with a capital value of $2,000 or less. | A set commission of $35 applies to option transactions with a capital value of $2,000 or less. |
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| Commissions usually charged on shares also apply to assignments and option exercises. |
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| Special Services: |
- Quarterly Newsletter
- Free advisory service
- Quote lookup
- Research tools
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