RITIES EXCHANGE. A-TRANS FEE " PERSHING CALCULATES THIS FEE BASED ON AMOUNTS PAD BY YOUR INTRODUCING FIRM TO THE APPLICABLE REGULATORY °RCA/STATION CR NATIONAL SECURITIES EXCHANGE. THIS. IN TURN. IS BASED ON THE VALUE OF THE APPLICABLE SECURITES SOLD. TO DETERIANE THE EXACT AMOUNT OF THIS FEE WITH RESPECT TO ANY TRANSACTION.