Post by
laurant on Dec 29, 2014 2:07pm
Question.
Does anyone know of a brokerage firm that has an agreement with the CSE? I tried RBC but they said i couldn't because i live in the US. I have a large position in WOF at Fidelity from a while ago and with this low volume can't buy more ( to average down) as the commision would a a big percentage of the overall trade. ( Fidelity said they don't have an agreement with the CSE and as such would have to call a MM and the commission would be several hundred dollars even for only a few thousand shares)
Comment by
GaiusGermanicus on Dec 29, 2014 2:20pm
Have you tried the WFEMF symbol through Fidelity rather than buying the WOF.C issue? They're basically the same thing, the WFEMF symbol matches against WOF stock on a 1:1 basis.
Comment by
laurant on Dec 29, 2014 2:50pm
There is a 50.00 dollar fee on top of the commission for every trade. So if it takes 5 executions to fill my order over several days.... could get quite expensive. With the low volume, it's a real possibility.
Comment by
GaiusGermanicus on Dec 29, 2014 3:36pm
Flag the order All or None. That way only full executions get through. On the downside it makes it hard to buy more than 20k shares at a time.
Comment by
Segusmundo on Dec 29, 2014 4:33pm
You will want to check with Fidelity customer service number but, from the US, should be $50 extra per WFEMF day trade irrespective of the number of executions required to fill or partially fill the order, at least in single trading day.
Comment by
JCMO2013 on Dec 29, 2014 7:18pm
I trade using TD Ameritrade here is US, symbol WFEMF (OTC) at flat $9.99 regardless of number of shares.
Comment by
Markidesad on Dec 30, 2014 4:24am
In the past I had to sell all of my WOF stock on TSX to buy them back on OTC. Just to give you an idea of the costs here in Belgium, I work on line with Keytrade and they charge me about 40 $ per order + 0.025 % taxes.