InvestorsHub Logo
icon url

Captain Bly

10/16/11 4:22 PM

#41791 RE: Bike #41790

Great....

... below_me, thanks for the links. It was very helpful... one of the links has a link to a non-dtc list that does not include owvi but anyhooo, I just fired off an email to Ron Lindsay about the matter.

.... all hands stand by.
icon url

Alien Trader

10/16/11 5:52 PM

#41793 RE: Bike #41790

OWVI is currently listed as DTCC eligible. While we do not anticipate additional fees to be associated with this symbol, these fees are at the discretion of DTCC and the transfer agent associated with the stock.



http://www.mastertrader.com/TradingResources/dtcc.aspx


NON DTC STOCKS LIST AND EXPLANATION OF IT:

AMTD/ETRADE/SCOTT may allow trading on non dtc, but will stop trading on it without any notice, then you cannot sell the stock and will need to transfer it out to a penson broker in order to do so

PENSON brokers allow trading on non dtc stocks but will charge huge fees in order to transact it.

Here is the list of currently non dtc stocks that this applies to:

http://www.tradingdirect.com/Static/StandAlone/non_dtcc_list.pdf#zoom=80%