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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks -- Ignore unavailable to you. Want to Upgrade?


To: upanddown who wrote (7824)10/6/2004 2:23:23 AM
From: Taikun  Respond to of 11633
 
Scottrade lets me access all the Canadians and I can choose either pink sheets (cheaper) or TSX execution ($28 limit order). The ticker is the .UN ticker.

At Interactive Brokers I have a Canadian $ account and margin at C$ rates. CRTs are marginable BUT they do not have all the CRTs and are not adding.

Both do US IRAs and at IB you can even write naked puts in an IRA (!)

I buy most on IB, and the tickers they don't have I buy on Scottrade. IB charges $9.50 USD/mo for the TSX datafeed and 0.01 cent CDN/share for 500+ shares and 0.02 for under 500 shares. There may be some other details (ie there is a small charge for canceling orders etc)

www.interactivebrokers.com

I have to tell you, though, at C$6 for 600 shares, for example, it has completely revolutionized my trading style because if a 'trader position' is about to become a 'long position' you make that distinction much more seriously when you pay larger commissions.

The only interlisted I own is a bunch of calls on ERF.



To: upanddown who wrote (7824)10/6/2004 3:33:08 AM
From: energyplay  Read Replies (1) | Respond to of 11633
 
I can buy Canadian stocks in my Fidelity IRA by entering the US pink sheet equivalent symbol, PMGYF for Paramount Energy Trust, for example.

I can also buy listed US options in my IRA with Fido.

Fido also seems to get the Canadian trust distributions right, and in a timely manner.