SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (2402)9/27/2001 12:26:07 PM
From: TheBusDriver  Read Replies (1) | Respond to of 4051
 
Schwab does a good job CC. You must call the broker though and they then place a trade with their CDN counterpart. They use several different CDN brokers and will shop around for the best deal.

wayne



To: Claude Cormier who wrote (2402)9/27/2001 12:31:30 PM
From: gold$10k  Read Replies (1) | Respond to of 4051
 
Claude,

Thanks for your reply about RDU.

re: TDWaterhouse... you talk to brokers at their Greenline division which seems to be directly on the Canadian side. Not only are their commissions much higher than PennTrade, but they charge you an additional amount for each day in which a piece of the order trades. Also, with TDW you must keep personal records of what orders you have outstanding... if you lose track, they are unable to tell you what they are.

vt



To: Claude Cormier who wrote (2402)9/27/2001 3:10:13 PM
From: marcos  Read Replies (1) | Respond to of 4051
 
There was nothing that compared with Pennaluna and their penntrade.com as of six or eight [ten?] months ago, according to a US friend .... you mentioned them here i think, i passed him the url, and he was tickled with them last i heard, maybe three months ago .... he had tried TDW, didn't work well for canadian listings from the US [works fine the other way, for canadians playing US, just fifty per cent higher commissions that's all] ... this guy used to have a canadian account and could have kept it if he hadn't closed it out in a misguided effort to simplify his life, now he can't start one up .... however with a little fudging and the use of another friend's address in México, he could, apparently .... but for easy and hassle-free there is nothing that beats penntrade for US residents, for now, in his opinion .... cheers

[edit] - this company will i expect have something in the works as soon as they can chop back the regulatory jungle enough - seglobal.com ... they have direct trading on US listings, and have acquired a US b/d ... no canadian presence as yet, but it's coming seglobalalliance.com ... i hold paper in its parent company, cpt.v

[edit 2] - among the nationalities prohibited at present from dealing with SEG, due to arcane and repressive laws and regulations within their countries, are - the subjects of the taliban, and the subjects of the Liberal Party of Canada -g-



To: Claude Cormier who wrote (2402)9/28/2001 1:18:33 AM
From: baystock  Read Replies (1) | Respond to of 4051
 
U.S. investors trading thru TD Waterhouse go thru the 481 branch which is in New York area I believe.



To: Claude Cormier who wrote (2402)10/1/2001 1:04:32 AM
From: akpirate  Read Replies (1) | Respond to of 4051
 
Hi Claude,

I have used TDW for some time from the US. I will soon transfer my account from them - only because they have lowered the maximum number of shares per $12 trade from 5,000 to 2,500. That doubles the commission as far as I am concerned.

I was curious to see the other responses regarding TDW. Not entirely accurate (but not their fault). TDW employees do not know for the most part how their own system works. (Imagine that:) If you have the US symbol (usually available from the free section of Etrade) then you can buy or sell all the canadian stocks you want without talking to anyone or paying the higher Greenline commission. However, if you are not placing market buys and sell (major beware) then the order CAN sit forever.

After searching forever, I found ONE competant employee of TDW (and have kept his extension #). I can call him and get the bid/ask and place the trade (just whine about the system not working properly:). It usually executes right away. I have also traded the same way with Etrade. But I have not found a competant employee there yet. :o)

I have not made up my mind where I will transfer my TDW account to (probably Penntrade). It's not an issue until the stocks are worth selling - hopefully sooner, but always seems to be much later (sigh).

Oh well, that makes the issue as clear as mud.

Best wishes and a good week to all!
robert