Server: Netscape-Enterprise/2.0a Date: Thu, 18 Dec 1997 11:03:23 GMT Accept-ranges: bytes Last-modified: Wed, 16 Jul 1997 13:30:00 GMT Content-length: 5212 Content-type: text/html Commission Calculator
Discount
Brokerage

Commission Calculator

This calculator will compute the commission on a hypothetical trade through our Discount Brokerage. A minimum commission of $35 applies on all trades. Transactions involving municipal bonds, GNMAs, CDs, government zero coupon bonds, and CMOs are principal transactions: the commission is included in the price via a mark-up or mark-down.

Choose the type of security you wish to buy or sell:

Note: Mutual fund charges, if applicable, will vary. Please refer to the commission schedule for details.

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Stocks

Step 1. Please enter the number of shares you wish to buy or sell:

Step 2. Please enter the price per share: $
(for stock values that are greater than or equal to one dollar)


Penny Stocks

Step 1. Please enter the number of shares you wish to buy or sell:

Step 2. Please enter the price per share: $
(for stock values that are less than one dollar)


Options

Step 1. Please enter the number of contracts you wish to buy or sell:
(Each contract represents 100 shares)

Step 2. Please enter the price per contract:


Corporate Bonds

Enter the number of corporate bonds (per $1,000 face value)
you wish to buy or sell:


U.S. Treasuries

Treasury bills:$50 flat charge

Treasury notes and bonds:
Agency transactions totaling $24,000 or less:$5/Treasury (minimum $35, maximum $100)
Principal transactions totaling $25,000 or more:Commission included in price


Gold and Silver

Step 1. Enter the number of units you wish to buy or sell:

Step 2. Enter the price per unit:


Note: The commission quoted is approximate. The actual commission cannot be determined until the time of trade execution. Trades placed through Tele-Trader and OnLine-Trader receive a 10% discount off the commission (subject to a $35 minimum).

A full commission schedule is also available for all securities sold through Discount Brokerage.

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Copyright 1997, T. Rowe Price Investment Services, Inc., Distributor. All rights reserved. T. Rowe Price Discount Brokerage is a division of T. Rowe Price Investment Services, Inc. Member NASD/SIPC. Accounts carried by BHC Securities, Inc.

E-mail T. Rowe Price at info@troweprice.com with your questions and comments about our funds and services. We'd also appreciate your feedback on our site.