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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX) -- Ignore unavailable to you. Want to Upgrade?

To: Keith Hodgins who wrote (627)	2/27/2001 11:44:33 AM
From: Condor	Read Replies (1) \| Respond to of 960

Thanks for clearing up most of my questions Condor. You were right, I was confusing SE Global and SE Global Trade. Lets see if I've got it straight now. I'm an individual that normally only makes occasional trades, and I purchase my U.S. or Canadian stocks through an online discount brokerage house (TD etc.). After the system is up and running, I might want to try purchasing a stock on a foreign exchange. In my case, I would open an account with SE Global. (Am I right in saying I open an account with SE Global and not with the brokerage house in the country I want to buy the stock in?). After my account is open and I have deposited enough money into the account to cover the trade, I would enter the trade online through SE Global, much like I do at my regular online brokerage house. I would really have no need to purchase or use the DAS software. Yes. You would open the account with SE Global and set up an account with the representative brokerage in the country you wish to trade. For example, if I am living in Canada and want to trade stocks in Hong Kong, I go to SE Global set up an account with Tai Fook. Most investors do not wish access to more than 2 or 3 markets. I am assuming this is the process, because if I had to open accounts with 22 brokerages in 22 countries it wouldn't be worth all the trouble! Here is something else I'm not clear on. If I was an active investor (as opposed to a trader) in the U.S. or Canada and mainly purchased local exchange stocks, would there be a reason to sign up for an account through SE Global Trader and use the DAS software. I got the impression from your post that the DAS software is more for foreign nationals around the world to be able to more easily buy stocks here in the U.S. and Canada. It is my understanding that Canada is one of a few countries that does not allow people to sign up for DAS at this time. Due to Canadian rules not permitting DAS, the company is exploring relationships with brokerages around the globe. I can see how and why a local active trader or day trader would want the DAS Software, as it would speed things up for them I suppose, and cut down on their costs too. Well, this is the part where you get to tell me where I am still confused. I'm sure I didn't get everything quite right. Keith