Day trading in Canada Message Board

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Gold/Mining/Energy : Day trading in Canada

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To: Rise who wrote (3064)	5/2/1999 10:14:00 PM
From: DaveU	Read Replies (1) of 4467

Rise, I have spoken to greenline on doing a movement of shares from Margin to RRSP. Basicly they will for $45 move a stock out of one account to another at any price traded that day. I have never done this but I assume it looks like a normal sell from the originating account and a buy to the receiving account (ie you have to have the money in the receiving account to make the sell happen). I know you were probably looking for a lower than market sell out of your RRSP. I don't think that would ever be possible. But maybe you could sell a full trading block (100 shares?) and then make the transfer at that low price. Any way I hope that helps from someone that has never done it!

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