Client Fees

Advisors and Brokers who charge fees to their clients have a Client Fees section included in their master account statement. The Client Fees section is split up by commissions and fees. It is sorted by currency then by account. Commission or fee revenues from the client are shown in the Revenue column, and commission expenses paid to IB for execution and clearing services are shown in the Expense column. The net is the profit made by the advisor or broker. Fees in a non-base currency are translated to the base currency using the conversion rate in effect on the day of the fee.

All fields that are italicized are only populated in the Consolidated option report.

Field	Description
Account ID	The account number.
Account Alias	Account alias, if there is one.
Model	Model, if applicable.
Currency	The currency denomination of the client fee.
FX Rate to Base	The conversion rate from asset currency to base currency.
Fee Type	The type of the fee.
Date	The date of the client fee.
Description	The description of the client fee.
Revenue	The amount of revenue associated with the client fee.
Expense	The amount of expense associated with the client fee.
Net Revenue	Net is calculated by taking the difference of revenue and expense.
Revenue in Base	The amount of revenue associated with the client fee, in the account's base currency.
Expense in Base	The amount of expense associated with the client fee, in the account's base currency.
Net in Base	The net amount in base currency.
Trade ID	The trade ID of the transaction.
Exec ID	Execution ID of the transaction.
Level of Detail	Executions, orders or closed lots.
Asset Class	The asset class of the instrument traded.
Symbol	The symbol of the instrument traded.
Description	The name of the instrument traded.
Underlying Symbol	The underlying symbol of the instrument traded.
Multiplier	Security or contract size.
Expiration	The expiration of the contract if applicable.
Strike	The strike price of the contract if applicable.
Put/Call	Put or Call.
Security ID	The security ID of the instrument traded.
Underlying Security ID	The underlying security ID of the instrument traded.
Settle Date	The settle date of the trade.
Trade Price	The transaction price.
Buy/Sell	Buy or sell.
Quantity	The number of units traded.
Proceeds	Calculated by multiplying the quantity and trade price. The proceeds figure will be negative for buys and positive for sells.