Margin Rates

Stephens margin rates are:

Loan Amount Margin Interest Rate
Up to $25,000 2.0% Above Stephens Base Rate
$25,001 to $100,000 1.0% Above Stephens Base Rate
$100,001 and Over 0.50% Above Stephens Base Rate
   

Effective August 24, 2009 the Stephens Base Rate is 3.0%.

The Stephens Base Rate is subject to change by Stephens without prior notice.

When establishing or revising the Stephens Base Rate, Stephens considers the broker call rate, the prime rate, the federal funds rate, other commercially recognized rates of interest, conditions in the banking and financial services industries and other factors that Stephens may deem relevant.

Stephens provides you a Margin Disclosure Statement to provide some basic facts about purchasing securities on margin, and to alert you to the risks involved with trading securities in a margin account.