Commissions Calculation Examples

Non-Broker Assisted Trades:

Example 1:
On the same day, you
Buy 200 XYZ @ $20.00 on TSX
Buy 200 XYZ @ $20.01 on TSX
Buy 200 XYZ @ $20.02 on TSX

These 3 trades constitute one ticket.

On TSX, you bought 600 XYZ shares at an average price of 20.01 on 3 different trades. The total commission is $6.00 (600 * $0.01).

Example 2:
On the same day, you
Buy 100 XYZ @ $20.00 on TSX
Buy 100 XYZ @ $20.01 on TSX
Buy 100 XYZ @ $20.02 on TSX

These 3 trades constitute one ticket.
On TSX, you bought 300 XYZ shares at an average price of $20.01 on 3 different trades.
Your commission will be $5.00 (for the ticket), as the minimum commission for a trade is $5.00 per ticket.

Example 3:
On the same day, you
Buy 100 XYZ @ $20.00 on TSX
Buy 100 XYZ @ $20.02 on TSX
Buy 600 XYZ @ $20.01 on PURE

These trades constitute two tickets, as the first two trades were executed on TSX, and the third one was executed on PURE.

On TSX you bought 200 XYZ shares at an average price of $20.01 on 2 different trades. Your total commission will be $5.00 (for the ticket), as the minimum commission for a trade is $5.00 per ticket.

On PURE you bought 600 XYZ shares at a price of $20.01 CAD on 1 trade. Your commission will be $6.00 (600 * $0.01).

So, the total commission for your trades on TSX and PURE will be $11.00 ($5.00 + $6.00).

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