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A section dedicated to great perspectives on market forces – it will make you smarter.

Discount Brokerage Weekly Roundup – Oct. 26th 2012

Discount Brokerage Weekly-Roundup

Discount Brokerage Weekly Roundup This week provided an interesting lesson in activity fees handed out to one RBC Direct Investing client, covered via Global News here.  If you’ve got an account open that you’ve forgotten about, you may want to look closely at what you’re being charged by keeping the account open (you can check out our fee comparison page ... Read More »

The Mindless Investor – preview

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In his soon to be released book, The Mindless Investor, Tyler Bollhorn goes ‘head to head’ with the biggest enemy of most stock traders: their common sense. According to the main theme of the book, if you try to use your head you won’t get ahead and that is because, as Tyler puts it, “without understanding what drives stock prices ... Read More »

Complicated orders? Maybe we do need to call security

Stumble

Today’s daily stumble landed an interesting article about the “complicated” stock market order types and the alleged preferential order routing taking place by institutional traders for preferred clients.  While this would be another bombshell if it is true, I would question whether it is entirely surprising. The reality of stock markets is that they are filled with armies of programmers ... Read More »

Discount Brokerage Weekly Roundup – Oct. 20th 2012

Discount Brokerage Weekly-Roundup

Discount Brokerage Weekly Roundup From the Canadian discount brokerages, this past week saw the launch of a new contest by Questrade  called “Ring the bell with Questrade”.  Winners of the contest will get to ring the opening bell at the NASDAQ MarketSite and round trip airfare to New York City, three nights’ accommodation and $500 in spending money. For contest ... Read More »

10 Questions Investors Might be Too Embarrassed to Ask

Stumble

While wading through the internet today, I came across this post on mint.com.  It is the first of a two part series authored by Minyanville.com, an investor information site, and it describes 10 questions that investors might feel a bit sheepish about asking.   The questions that are brought up could take up entire chapters or even books to fully answer, ... Read More »

Is Buy and Hold Gold or Mold?

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An ongoing debate for investors is whether or not the strategy of “buy and hold” is better or worse than trying to time the market.  The advocates for each side of this debate are fairly passionate about their positions which makes it difficult for retail investors to sift through the numbers that “support” each side.  Even so, there are some ... Read More »

Investing Online Resource Center

Stumble

Today I came across a great educational tool for individual investors curious about online investing.   The investing online resource center (IORC) was designed to to be a source of noncommercial information about investing online and was created by the North American Securities Administrators Association (NASAA).  While it is still online, the IORC does not seem to be updated anymore.  Even ... Read More »

Discount Brokerage Weekly Roundup – Oct. 12th 2012

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Discount Brokerage Weekly Roundup This week, the Canadian discount brokerage industry saw another member announce that it will move its clearing and settlement services in-house.  Virtual Brokers, a division of BBS Securities, announced that they will no longer be using Penson Financial Services Canada to take care of “back office” operations, such as trade clearing and settlement.  The announcement from ... Read More »

Penson Financial Services Canada Closing Down

optionsXpress

For most Canadian investors and traders who place their trades online, the details of what happens after they press ‘buy’ or ‘sell’ on their stock trades is largely a trivial matter.  Should one start to think about it, however, the process of matching up millions of orders, confirming trades and documenting what went to whom and where can get fairly ... Read More »

Thinkorswim Now Accepting Canadian Accounts

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It’s official – Thinkorswim Canada (part of TD Waterhouse Discount Brokerage)  is now accepting new Canadian accounts.  For the moment, this service will allow TD Waterhouse discount brokerage clients to trade US equities and options and only through a US Dollar margin account. Several discount brokerages have been rolling out new platforms recently including Scotia iTrade’s FlightDesk, and Questrade’s IQ, ... Read More »