Pershing Trading Platform

Equities and Bonds

We offer an online trading service that gives you control to trade (equity, mutual funds, ETFs, fixed income, options) and manage your investments on any major exchange globally.

The trading fee for trading on North American exchanges is $35 or 0.65% of the trade value – whichever is greater, and for all other markets, it’s $50 or 0.65% of the trade value.  If you wish to trade on any exchange outside of the U.S., you would need to call us to place those orders for you.

We also offer an advisory service where you can speak to an advisor for market updates and sentiment.  We will then execute trade requests on your behalf.  The fee for this is US$35 or 0.95% of the trade value.

To access the trading platform, you would first open an account with First Citizens Investment Services.  Once the account has been opened, you can fund your account via a cheque or wire transfer to us for transfer to your brokerage account. You can trade as you wish when the account is funded.

Risk Disclosure

Risk: All investments, depending on their nature, carry a degree of risk and should be carefully considered before making any decision on an investment or transaction. Please discuss the details of this and all other risks associated with investments with your Wealth Management Professional.

The buyer of repurchase agreements and other investments are exposed to:
• Interest Rate Risk related to the fair value or future cash flows of a financial instrument
• Credit Risk or risk of loss of principle or interest from the seller’s failure to meet contractual obligations
• Counterparty Risk from the failure to adhere to contractual obligations by each party
• Liquidity Risk from the lack of marketability of an investment
• Operational Risk from the deficiency of the seller’s information and technology and controls system
• Compliance Risk or the risk of financial loss from non-compliance with applicable laws and regulations
• Investments are not deposits and accordingly are not insured

Rights and Obligations: The rights and obligations of the parties to a repurchase agreement are set out in the Master Repurchase Agreement you may enter into with us and which our Wealth Management Professionals will be happy to discuss with you.

Separate agreements and further documentation: Your decision to invest in some of the products and services mentioned in this brochure may require you to sign certain agreements. We recommend that you carefully read the terms and conditions which are contained in these agreements and which are applicable to the product or service you may request. You can also request further reading material on each product or service mentioned in this brochure that you may have an interest in. Our Wealth Management Professionals are available to provide clarification on any concerns that you may have. You are encouraged to seek further financial or other advice before making any investment decision.