Miscellaneous Fees cover a range of scenarios, including voluntary reorganizations, margin sell-out, physical trade settlement, and broker-assisted trading, among others. It’s important to familiarize yourself with these fees to better understand the potential costs that may arise in specific situations.
|Domestic Voluntary / Post Actionable Reorgs||$50 / security|
|International Voluntary / Post Actionable Reorgs||$100 / security|
|Reorg Physical Processing Fee||$125 + transfer agent fee|
|Margin Sell-Out Fee||$25 / ticket|
|Forced Buy to Cover||$25 / ticket|
|Non-transferable stocks||$10 / security / month|
|Domestic Overnight / Certified Mail||$300 / request|
|International Overnight / Certified Mail||$300 / request|
|Physical Trade Settlement*||$300 / security|
|Broker-Assisted Trading Fee**||$50 / security|
* Physical Trade Settlement Fees are for securities that are non-DTCC eligible and must be held as physical certificates. Transactions involving the Pacific Stock Exchange will incur an additional $300 fee per security. Please note that Redbridge does not accept physical securities for deposit into brokerage accounts.
** This is a fee charged for trades that require the assistance of a broker. Broker-neutral symbols cannot be traded directly through the app or online platform, so a broker must manually enter the order on your behalf. The fee for this service is $50 per security.
Processing and service fees assessed by our clearing firm and/or third parties may be passed through to the customer’s account. Some products and services may require additional fees or transaction minimums not specifically listed here. Prior to placing a trade or requesting any services, it is the customer’s responsibility to ask Redbridge Securities if any additional fees will apply. Please be advised that in the event a customer’s account lacks sufficient funds to cover upcoming charges, a prorated fee may be applied and Redbridge retains the right to close accounts in order to prevent additional debits.