Welcome to Mastertrader.com's Non-DTCC Eligible Search Utility
Enter a ticker symbol and click "Go" to see whether the stock may be subject to additional DTC, Execution, or Transfer Agent fees.
For various reasons, certain securities cannot be made DTCC-eligible or have had their eligibility revoked, usually due to operating or financial issues with the underlying company. As a result, the clearing of these positions can carry significant pass-through charges to settle the trade. Trades in these securities may carry with them some or all of the following pass-through charges: Execution Fee-$7.50, DTC Fee-$80.00, Deposit Fee-$75.00, and a New York Window Fee of $34.00. Additional pass-through fees from Transfer Agents ranging from $25.00 to $500.00 can also be associated with these securities.
These fees are almost exclusively associated with OTC Bulletin Board and Pink Sheet stocks, and should not appear on settlement for any Listed or Nasdaq trades. These fees are initiated by the Depository Trust & Clearing Corporation (http://www.dtcc.com/), as well as various transfer agents, and are applied industry wide.
Mastertrader.com makes every effort to keep your trading costs as low as possible. The above search utility will provide accurate results for the majority of symbols with additional clearing fees. However, it is not all-inclusive and there may be additional symbols not yet added. We recommend that you exercise caution when trading OTCBB and Pink Sheet issues, as they are not subject the basic financial and reporting requirements used by various exchanges. If you have any questions or concerns about these fees, please do not hesitate to call our support desk.