RE: TD Ameritrade ...
i also got the "special team" email ... here are their responses to my questions;
#1
Ms. Chapman,
Thank you for e-mailing TD AMERITRADE. You can read more on the PTEL reorganization/acquisition at the Web site from the latest news under a quote screen. From information provided in the most recent article, it appears that more details will be released the week of June 11th.
You are able to buy/sell your position through TD AMERITRADE. We are not able to transfer accounts between the UK and USA.
If you have further questions, please do not hesitate to e-mail.
Best regards,
Melanie S.
Apex Client Services, TD AMERITRADE
Division of TD AMERITRADE, Inc.
Original Message Excluded:
#2
Ms. Chapman,
TD AMERITRADE clients have access to foreign securities via exchanges in the United States and Canada. We currently do not trade on any other foreign exchanges.
Some foreign securities trade in the United States as American Depository Receipts (ADRs). A security, created by a U.S. bank, that evidences ownership to a specified number of shares of a foreign security held in a depositary in the issuing company's country of domicile. The certificate, transfer, and settlement practices for ADRs are identical to those for U.S. securities. U.S. investors often prefer ADRs to direct purchase of foreign shares because of the ready availability of price information, lower transaction costs, and timely dividend distribution.
Foreign securities that trade as ordinary shares in the Over-The-Counter Bulletin Board (OTCBB) or Pink Sheet markets are subject to foreign security fees of up to $100.00 on both the buy and sell side. This fee includes transfers in and out. This is a third-party fee that Ameritrade may incur in order to trade or transfer some foreign securities and is passed on to the client by Ameritrade.
Please note: International investments involve special risks, including currency fluctuations and political and economic instability.
Sincerely,
Laurie W.
Apex Reorganization and Safekeeping, TD AMERITRADE
Division of TD AMERITRADE, Inc.
(just got home from work and haven't had time to read all the posts so please forgive if i'm being redundant)
2f2
