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 : Day trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: BradC who wrote (1251)	11/17/1998 11:30:00 AM
From: Buckey	Read Replies (1) \| Respond to of 4467

On daytrading in Canada - Is anyone playing PHV today??? Lots of volatility

To: BradC who wrote (1251)	11/17/1998 12:38:00 PM
From: Steelguy	Respond to of 4467

Not firm on all this info. however I do know that Canadian brokers are not allowed to open up accounts for U.S. residents until they are licensed to do so. This may be a new regulation but I do believe that as long as the proper licensing is acquired the broker can trade the US client's account but not until. A course can be taken with an exam at end etc....I believe. Hope this helps. sg

To: BradC who wrote (1251)	11/18/1998 1:11:00 AM
From: akpirate	Respond to of 4467

Thanks Brad for the reply. From what I understood, there was a few "hoops" to jump through, but then the Canadian broker could buy and sell for us in the USA. However there seemed to be some prohibition to them "soliciting" us, thus I never heard from my broker unless I called. So what's the point of paying for a full-service broker if he isn't going to give you the full service you are paying for? Then Cannacord bought the brokerage firm, and now they want me to switch to a US subsidiary. Thus my search for a online broker. So far everyone I've checked with will do it only through the phone with a broker and charge full service pricing. Oh well. I ramble! :o) Thanks for the list of brokerages. I will check them ALL out! -robert-