Phivida Holdings Inc fka VIDA

[JohnCM]

Any issue with this. I had to let Phivida go. $50 fee coming and going.

Foreign Ordinary Share Trading

Foreign Ordinary Share Trading allows customers to trade shares in foreign corporations on the over-the-counter (OTC) market using a five character symbol ending in “F.” Trades in foreign ordinary shares can be placed online or through a Fidelity representative. In either case, the domestic commission schedule for stocks/ETFs will apply. A $50 fee will also be charged on each transaction in any foreign ordinary stock that is not Depository Trust Company eligible.

Canada When trading in Canadian stocks, orders are generally routed to brokers in Canada. However, dually listed Canadian stocks may be routed to a Canadian broker or U.S. market center for execution. If the order is routed to a Canadian broker, a local broker’s fee of $0.0015 CAD per share if the price of the stock is less than or equal to $0.10 CAD, $0.0025 CAD per share if the price of the stock is greater than $0.10 and less than $1 CAD, and $0.005 per share if the price of the stock is greater than or equal to $1 CAD, and a foreign exchange fee of up to 0.01% of the principal may also be incorporated into the execution price.

Canada Online $19 CAD per trade Rep-Assisted $70 CAD per trade

Typically, the DTC clearing process takes three days to complete. When a security is not DTC eligible clearing occurs only upon physical delivery of the stock certificate representing the security from the seller to the buyer. Clearing without DTC eligibility through physical delivery is not a rapid process – it may take weeks to complete. Without DTC eligibility it is impossible for an issuer to establish liquidity in its securities.

The DTC Eligibility Process

Only participants can request that DTC make a security eligible. The issuer of the securities seeking eligibility must locate an underwriter or other financial institution–sometimes a market maker– that is a DTC Participant and that is willing to sponsor the eligibility process. Participants can submit an eligibility request through the underwriting services of DTC either at the time a security is initially being offered and distributed to the marketplace or at a later time for already issued and outstanding securities.