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Re: smoke_em post# 13247

Sunday, 02/19/2012 8:32:51 PM

Sunday, February 19, 2012 8:32:51 PM

Post# of 44235
I reside in Canada so I was using CIBC INVESTORS EDGE, they changes their fees for all OTC's. I think it had to do with the DTCC's as they were talking about risks with P&D as well as the costs that are associated with physical deliveries vs electronic even though certain OTC stocks are classified as electronic but have recently discovered that up to 60 days after the trade there have been charges for each trade.

Anyways I've already initiated a transfer out to Nesbitt Burns as I work for them and can get the previous $9.99 flat fee per trade as I did at CIBC.

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