Fees and Dividends
Trading Fees
Any time an equity trade (purchase or sale of shares) is executed on your behalf, you are assessed a commission.
This commission is based on your total trading volume (total amount of shares bought or sold) within the last
30 CALENDAR DAYS of posting or filling a market order.
In other words, if you fill an order right now which brings your total 30 day trading volume into a new commission level,
you will be assessed a lower commission on the very next market order that you post or fill. Trading commissions are
calculated based on the total value of your trade, and are based on the following schedule:
| Equity Trade Commission Schedule |
| 30 Day Trading Volume |
Commission Level |
| 250,000+ Shares |
1% |
| 50,000+ Shares |
2% |
| Under 50,000 Shares |
3% |
Corporate Management Fees and Investor Dividends
The board of directors of each publicly owned company listed on this exchange sets their own management fee and dividend
payment percentages as they see fit. These percentages can also be modified at any time. Whenever new revenue is
reported to the stock exchange website, generally in real-time, the proceeds are automatically divided in three ways.
First, the managment fee is deducted and credited to the CEO's account. Then, the dividend amount is deducted and placed
into a dividend holding account for investors. The remainder of the revenue is then returned to the company's cash reserves.
Dividends are posted to each share holder's account on a quarterly basis. For Cyberland, the dividend cutoff dates are
the 11th of January, April, July and October. The cutoff time is 11:59 PM Second Life Time on those dates.
Essentially, whoever is holding the stock at that moment will get the dividends. The management fees and dividend
payments for each listed company are as follows:
| Management Fees and Dividend Payments |
| Company |
Management Fee |
Dividend Payments |
| Cyberland |
5% |
3% |
| Cyberland Voting Shares |
N/A |
0% |
|