Thanks and OK, but as an American might place a bid at $.44 US, how does the four decimal places come into play? Do they (US DEPOSITORY) just round it up (so to speak) to the closest decimal point as it relates to the price in Canadian funds via the exchange rate? Because obviously the buyer is placing the bid in whole or half cents US increments.
When I place an order in my online broker (TD) it is almost instantaneous, but there must be quite a delay to place a bid on the OTC which might be realized in the cheaper transaction fee that was spoken of by AO.