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OTCPK:MAUXF - Post by User

Comment by JustforFun7on Oct 25, 2012 5:23pm
365 Views
Post# 20524978

RE: RE: Margin & ANON...Blindbat

RE: RE: Margin & ANON...Blindbat

Just to clarify, I contacted IIROC to ask if Venture stocks are marginable. This is part of their response. 

 

"Thank you for contacting the Investment Industry Regulatory Organization of Canada (IIROC), concerning your inquiry about TSX Venture stocks being marginable.

TSX Venture stocks are marginable, however, it is the firms discretion whether they want to provide margin on TSX Venture stocks to their clients."

.......

 

Debra Haggarty

Sr. Complaints & Inquiries Specialist

Investment Industry Regulatory Organization of Canada

121 King St. W., Ste. 2000, Toronto, Ontario M5H 3T9

 

There are proably very few stocks and very few brokers  who provide margin on those stocks but it is possible to get margin on some Venture stocks. It's basically up to the broker. 

 

JFF7

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