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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: steve kammerer who wrote (62685)6/4/2006 2:34:36 PM
From: Tommaso  Read Replies (1) | Respond to of 110194
 
I thought I was going to be able to trade Canadian securities directly on the Toronto exhcange with T. D. Waterhouse, but as soon as its merger made it T. D. Ameritrade, I got an announcement that Canadian services and transactions in Canadian dollars had terminated.

Any broker, as far as I know, will trade Canadian securities as "Pink Sheet" listings. Symbols for many of these can be found using Yahoo. Others can be found using the Pink Sheets web site:

pinksheets.com

Use this site to get a quote. There is a button on the stock quote page to translate the quote and bid/ask into $US. Place a limit order in U. S. dollars with your broker using the pink sheets symbol, for example, using COSWF for COS.UN (Toronto symbol). Do not use market orders for pink sheet listings, because you may pay a lot more than you expected. If you want to assure a transaction, make your limit price slightly better than the asked if you are buying, slightly less than the bid if you are selling. On the whole, although I sometimes feel I have been cheated, pink sheet transactions work OK for me.



To: steve kammerer who wrote (62685)6/4/2006 3:52:01 PM
From: Wyätt Gwyön  Respond to of 110194
 
you can trade Canadian securities thru Fidelity.



To: steve kammerer who wrote (62685)6/4/2006 4:02:52 PM
From: Claude Cormier  Read Replies (1) | Respond to of 110194
 
Many use penntrade.com



To: steve kammerer who wrote (62685)6/4/2006 5:06:25 PM
From: MoneyPenny  Respond to of 110194
 
Fidelity is good for Canadian stocks. You may use a pink sheet symbol to place a trade but it executes directly on the Canadian exchange. Better pricing, quick fills, very easy and if you have a large enough account or trade frequently it is $8.

Even smaller accounts pay only $10.95 on market or limit orders.

There was a discussion of this over on Big Dog's board: read this post and its replies.

Message 22424078

Money Penny