Advisor Tools
As an illustrative example, the SPY ETF, which tracks the SPDR S&P 500, is comprised of over 500 stocks, each with its own weighting. Using Custom Indexing, advisors can copy a list of SPY’s individual holdings and weightings, save the list as a customized index and deploy it as a model that can be tailored to your strategy or client needs.
Basket Value | Minimum Commission |
---|---|
≤ USD 700 | USD 0.35 |
> USD 700 and ≤ USD 10,000 | Min (0.0005 * Basket Value OR USD 0.35 * Number of orders) |
> USD 10,000 and less than 15 orders | USD 0.35 * Number of orders |
> USD 10,000 and 15 or more orders | USD 5.00 |
Maximum per order | 1% of Basket Value |
Basket Value | Minimum Commission |
---|---|
≤ USD 2,000 | USD 1.00 |
> USD 2,000 and ≤ USD 10,000 | Min (0.0005 * Basket Value OR USD 1.00 * Number of orders) |
> USD 10,000 and less than 5 orders | USD 1.00 * Number of orders |
> USD 10,000 and 5 or more orders | USD 5.00 |
Maximum per order | 1% of Basket Value |
Custom Indexing is currently available in Trader Workstation (TWS).
Disclosures