MuniCenter Fee

Fees are assessed only to the seller on municipal bonds. Fees are assessed to both buyer and seller for corporate and government bonds. The fees on corporate and government bonds are charged only when adding liquidity.

Description Fee
Corporate – Maturities Up to 1 Year
1 to 9 bonds USD 7.00 per trade
10 to 19 bonds USD 9.00 per trade
20 to 49 bonds USD 0.50 per bond
50 to 99 bonds USD 0.30 per bond
100 to 249 bonds USD 0.25 per bond
250 to 499 bonds USD 0.20 per bond
500 + bonds USD 0.20 per bond
Corporate – Maturities Over 1 Year
1 to 9 bonds USD 7.00 per trade
10 to 19 bonds USD 9.00 per trade
20 to 49 bonds USD 0.50 per bond
50 to 99 bonds USD 0.50 per bond
100 to 249 bonds USD 0.50 per bond
250 to 499 bonds USD 0.50 per bond, max 200.00
500 + bonds USD 0.40 per bond, max 200.00
Government Agencies
1 to 9 bonds USD 10.00 per trade
10 to 19 bonds USD 15.00 per trade
20 to 49 bonds USD 20.00 per trade
50 to 99 bonds USD 25.00 per trade
100 to 249 bonds USD 35.00 per trade
250 to 499 bonds USD 50.00 per trade
500 + bonds USD 75.00 per trade
Treasuries
1 to 249 bonds USD 12.00 per trade
250 + bonds USD 20.00 per trade
Muni =< 18 months to maturity
< 5,000 Value USD 10.00 per bond
5,000 to 9,999 USD 5.00 per bond
10,000 to 19,999 USD 2.50 per bond
20,000 to 49,999 USD 1.00 per bond
50,000 to 99,999 USD 1.00 per bond
100,000 to 249,999 USD 0.25 per bond
250,000 to 2,999,999 USD 0.10 per bond
> 3,000,000 USD 0.10 per bond
Muni 19 to 61 months to maturity
< 5,000 Value USD 10.00 per bond
5,000 to 9,999 USD 5.00 per bond
10,000 to 19,999 USD 2.50 per bond
20,000 to 49,999 USD 1.25 per bond
50,000 to 99,999 USD 1.00 per bond
100,000 to 249,999 USD 0.50 per bond
250,000 to 2,999,999 USD 0.50 per bond
> 3,000,000 USD 0.25 per bond
Muni > 61 months to maturity
< 5,000 Value USD 10.00 per bond
5,000 to 9,999 USD 5.00 per bond
10,000 to 19,999 USD 2.50 per bond
20,000 to 49,999 USD 2.50 per bond
50,000 to 99,999 USD 1.25 per bond
100,000 to 249,999 USD 0.60 per bond
250,000 to 2,999,999 USD 0.60 per bond
> 3,000,000 USD 0.25 per bond

Notes:

  • Each partial execution is considered a trade for the purposes of assessing a '"per trade'" fee.