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Gold/Mining/Energy : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: Wizzer who wrote (1048)11/4/1998 8:23:00 PM
From: Brian Diggle  Read Replies (1) | Respond to of 4467
 
You'll have to go into your TD Branch or Greenline Office and fill out a new account application. It's helpful if you take your old account application. While you're filling it out you might as well check off the boxes to buy and sell options (you never know when you might want to do this). Be certain to check off "experienced investor".

I did this over the summer (July I think). I now have 5 accounts: a Canadian Cash (with zero balance); An American Cash (with zero balance); a RRSP; a Canadian Margin; & an American Margin.

When I emailed about these two zero balance accounts continuing to be displayed I was informed that they would not be removed until a "batch delete program" was run which might not be for as long as a YEAR!!! It's interesting, however, that in the Monthly mailing (of paper) I have not been getting pieces of paper on these two "zero accounts".

The absolute most ridiculous thing in this whole scenario is that Greenline bases your risk
level, on a box that I ticked as I was opening my account. I was blown away one time
when a trade was refused because it didn't fit my risk criteria. I couldn't even apply for a
margin account based on that "little tick" I made 1.5 years ago. I have never been sent
any form to update my current information or been approached whether my investment
interests/approach have changed.

Yours truly,

Brian Diggle