Sterling OMS Admin Console

Commission

To view/edit the broker Account Commission settings for any account:

1. Selecting Windows/Account/Account Commission from the OMS Admin Console menu opens the Account Commission window (shown below), where you can view/edit the commission settings for all accounts.
2. Right-mouse click on any account line item to either Create, Edit or Delete Commission line item.

   Upon clicking Create, a window appears where you can define a new commission setting for the selected account, as shown below.

   

   Field Name	Description
   Account	Account number to which the defined trade commission is applied. Select from existing accounts using pull-down menu.
   Equity Unit	The defined unit in any equity trade to which the commission is applied. Values: per order, per share.
   Equity Rate	The broker’s commission rate, in currency unit, applied to each unit (defined above) in an equity trade.
   Equity Min	The minimum commission amount applied to any equity trade.
   Equity Max	The maximum commission amount applied to any equity trade.
   Equity Add	When an equity trade results in added liquidity, the customer is granted a credit rather than a charge.
   Options Unit	The defined unit in any options trade to which the commission is applied. Values: per order, per contract.
   Options Rate	The broker’s commission rate, in currency unit, applied to each unit (defined above) in an options trade.
   Options Min	The minimum commission amount applied to any options trade.
   Options Max	The maximum commission amount applied to any options trade.
   Options Add	When an options trade results in added liquidity, the customer is granted a credit rather than a charge.

3. When finished editing the settings click OK to save your changes.