SecuritiesTradeConfirmationV04setr.027.001.04

Definition: Commission type is identified using a code.

Type: CommissionType9Code (String)

Allowed Values:

• CLDI (Client Directed): Commission is as per client agreement.
• STEP (Step Out): Commission for a step-out trade, charged by the step-out broker.
• SOFT (Soft Dollar): Commission designated by the broker for third party services. The soft dollar arrangement refers to an arrangement wherean investment manager directs transactions to a brokerand, in exchange, the broker provides brokerage and research services to the investment manager. Soft dollar arrangements include proprietary and third party research arrangements, but
• PERN (Percentage Of Principal): Commission is a percentage of principal.
• FLAT (Flat Fee): Commission is a flat fee.
• PERU (Per Unit): Commission is per unit of financial instrument.
• PWCD (Percentage Commission Waived As Cash Discount): Commission is a percentage commission waived as cash discount.
• PWEU (Percentage Commission Waived As Additional Unit): Commission is a percentage commission s waived as additional units.
• BRKR (Brokerage Rate): Brokerage commission.
• DFDP (Differential Or Deferred Payment): Differential or deferred payment commission rate. .
• PBOC (Points Per Bond Or Contract): Commission is based on points per bond or contract.