Comments on: Limited Wash Trades at Credential Direct http://www.canadiancapitalist.com/limited-wash-trades-at-credential-direct/ Helping you invest and prosper Sun, 12 Feb 2012 00:54:40 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Canadian Capitalist http://www.canadiancapitalist.com/limited-wash-trades-at-credential-direct/#comment-136663 Canadian Capitalist Wed, 04 Jun 2008 12:39:05 +0000 http://www.canadiancapitalist.com/?p=964#comment-136663 Gene: TD Waterhouse does have a somewhat automatic "washing" process. If stocks are bought and sold on the same day they set the same exchange rate on both trades. Alex: Are you talking about holding US dollars in a RRSP account? Gene: TD Waterhouse does have a somewhat automatic “washing” process. If stocks are bought and sold on the same day they set the same exchange rate on both trades.

Alex: Are you talking about holding US dollars in a RRSP account?

]]> By: Alex http://www.canadiancapitalist.com/limited-wash-trades-at-credential-direct/#comment-136661 Alex Wed, 04 Jun 2008 12:04:41 +0000 http://www.canadiancapitalist.com/?p=964#comment-136661 Actually, E*Trade also allows to hold US dollars directly in the accounts. Actually, E*Trade also allows to hold US dollars directly in the accounts.

]]> By: Gene http://www.canadiancapitalist.com/limited-wash-trades-at-credential-direct/#comment-136584 Gene Tue, 03 Jun 2008 21:53:01 +0000 http://www.canadiancapitalist.com/?p=964#comment-136584 That last line in the quote about allowing US$ deposits and purchases caught my eye too. That IS a positive development. All we need now is one of the huge brokerages to follow suit. I don't like having to call in for wash trades, and anything that makes the "washing" process automatic and foolproof will be great. That last line in the quote about allowing US$ deposits and purchases caught my eye too. That IS a positive development. All we need now is one of the huge brokerages to follow suit. I don’t like having to call in for wash trades, and anything that makes the “washing” process automatic and foolproof will be great.

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