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To: Muwamba who wrote (17357)	4/7/1999 8:46:00 PM
From: Sili Investor	Read Replies (1) \| Respond to of 37507

Into the MUshine again? LOL They could lose their license over that. Not worth the risk. But worth the peace of mind to verify actuals.

To: Muwamba who wrote (17357)	4/7/1999 8:59:00 PM
From: SirVinny	Read Replies (2) \| Respond to of 37507

MU, Unfortunately, this is common to all brokers. Both my on-line brokers, TD GreenLine and DISNAT, use 2 different rates when converting currency. One rate is for when you buy and the other for when you sell. The rate varies from day-to-day with about a 2% difference between the 2 rates. To avoid this loss you should ask your broker to open a CDN dollar account. The profits generated from your CDN investments will remain in your CDN account. This way you don't lose the 2% on the conversion every time. SirVinny

To: Muwamba who wrote (17357)	4/7/1999 9:01:00 PM
From: PJ	Read Replies (1) \| Respond to of 37507

To: Muwamba who wrote (17357)	4/7/1999 9:17:00 PM
From: Hart	Read Replies (1) \| Respond to of 37507

re:exchange conversion (continued) Fast & Easy conversion - "Entertainment purposes - click my banner" xe.net converts >> ie: 26.80 cdn = 17.8836 USD .. same as your schwab Royal Bank - quite confusing if your canadian - works for US to CDN royalbank.com The "REAL" rates... bookmark this. canadatrust.com

To: Muwamba who wrote (17357)	4/7/1999 10:29:00 PM
From: WhatsUpWithThat	Read Replies (1) \| Respond to of 37507

Where'd you get the .667 from, MU? I mean, there's the exchange rate, and the rate your bank will PAY for CDN and the rate your bank will SELL CDN to you at... ...and then, as I've suffered from on the opposite side (I'm a Canuck and trading on the NASDAQ from a US account but had to transfer CDN dollars there first), there's the rate your broker uses to buy and sell - a different rate for each, and MY broker keeps about a 5 (five, FIVE) percent cut of the action on a full round trip. In other words, if I buy a USD (NASDAQ) stock from my CDN account, they'll use (example only) 1.53 to exchange my CDN for US on the purchase, and 1.48 or 1.49 to exchange the US to CDN when I sell! Which is why I set up a USD account, so they only get to soak me this way on ONE exchange round trip, not every time I buy and sell. I mean, I'd make 10% and they'd keep 5! Anyway...perhaps this is the explanation? There's no way it is something over the edge like misreporting to you the price they bought or sold at on your behalf. WUWT WUWT