Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: tom pope who wrote (139702)	9/3/2010 9:27:37 PM
From: upanddown	Respond to of 206325

Tom Fido always seems to route my trades for Canadian issues with no US listing to a Canadian broker/dealer like Waterhouse. I assume it then trades on the TSX. Do these stocks really share anything with the pink sheets other than ticker syntax? John

To: tom pope who wrote (139702)	9/4/2010 6:37:58 AM
From: MoneyPenny	Respond to of 206325

Fidelity has a big Canadian presence via their mutual funds. They have been high on Canada's resources for years. Investor service at Fido told me years ago that a Fidelity trade is taken directly to the Toronto exchange and Vancouver as well. It is one of the main reasons I remained with Fidelity long after I stopped doing mutual funds (except for bonds) MP

To: tom pope who wrote (139702)	9/4/2010 8:50:08 AM
From: Ed Ajootian	Read Replies (4) \| Respond to of 206325

Thanks for the replies re: Canadian trading. The acid test for me, when using a US broker for a Canadian trade, is the following. Let's say you put in a "Buy" order that, once translated into Canadian dollars, would equal or exceed the present highest bid that is showing up on the TSX order book. After you have placed that order, does your bid show up in the TSX order book? What I like about the TSX vs. the OTCQX is that its an auction exchange and any slob like me can put in an order and if it meets or beats the present bid/ask its put up on the board. There are no market makers to play games. Also, regarding Fidelity, I believe their minimum commission for any non-US stock is $50, which is a bit rich for my taste.