Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: waverider who wrote (13049)	5/23/2002 1:45:29 PM
From: gold$10k	Read Replies (3) of 36161

WR, Before I moved to Penntrade where I now trade directly on the Canadian exchanges, I would use the OTC-BB to trade the Canadians through TDWaterhouse. They did not show the quotes online, but would get them for me if I phoned. Maybe it's the same with Fidelity. If you don't already know, the bid and ask quoted are nominal, i.e. the MM is saying that he would probably be able to buy from you at the bid or sell to you at the ask in order to complete the trade with the Canadian exchange. Some trades are US to US, but the MM still uses the spread to his advantage. That's why I moved to Penntrade. vt

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