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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: traderjamie who wrote (4342)11/22/2000 9:01:26 PM
From: quickcat  Respond to of 4467
 
Thanks Traderjamie-I just walked in from having a burger and briefly saw the headline in a discarded paper- so good timing!! Canada sure needs these US brokers to provide the price competition that I thought Scwab and Etrade would provide - they have since settled into the service money trough that we Canadians seem happy to provide (in all businesses) Thanks for the link.



To: traderjamie who wrote (4342)11/23/2000 8:18:39 AM
From: Kevin Hamlin  Respond to of 4467
 
Is there anyone here who currently uses a U.S. brokerage to trade on the Canadian equities...in order to beat our ridiculous commission rate? Please inbox me. I have some questions for you. Thanks in advance for your help.

Regards,

Kevin



To: traderjamie who wrote (4342)11/23/2000 9:57:59 AM
From: Ally  Read Replies (1) | Respond to of 4467
 
Datek's arrival is good news for Canadian investors currently serviced by uncompetively high commission rates and slow web-sites. Questions:

Is Datek web based or direct access? Web based is too slow for day trading.

Does it charge extra commission for shorting stocks? For example, TD Waterhouse (Canada) charges $60 commission to short a stock, whereas, many U.S. firms do not charge extra for shortng. TD explains that it requires manual intervention when a stock is short... which is just an excuse to charge a higher commission rate.

BTW, I've just received a letter from TD on their new web-site for President Accounts and high volume traders. Anyone here have comments on how you find their new web-siite.