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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Amark$p who wrote (139660)	9/3/2010 8:43:48 PM
From: Ed Ajootian	Read Replies (2) of 206325

amarksp, just curious what advantage you see in using the OTCQX vs. the TSX for stocks whose main trading platform is the TSX. As far as I can tell the bid/ask spread for NiMin is substantially wider on the OTCQX vs. the TSX, by more than enough to offset the higher commissions for a US investor trading on the TSX. I use Penntrade for my Canadian trades, which charges $30/trade. Round-trip that would work out to 1.2% of the value of $5,000 trade, which would be made up vs. a commission-free trade on the OTCQX even if I got a better spread on the TSX by just a penny on each side of the trade.

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