Interactive Brokers | Stock Warrants

February 24, 2019
Dudley Pierce Baker

 

 

 

Interactive Brokers is my go-to brokerage firm as they will execute trades in the United States or Canada as well as other exchanges in the world.

Many of the warrants trading on the resource companies and marijuana companies trade on either the Toronto Stock Exchange (TSX), the Toronto Venture Exchange (TSXV) or the Canadian Stock Exchange (CSE).

If I discover a warrant trading which is not yet in the Interactive Brokers system, I notify them and they add that warrant asap so that I and others can trade.

If you are a U.S. investor you may find your brokerage firm will not allow you to trade the Canadian securities (unless they have a U.S. assigned symbol). Most of the Canadian shares will have a U.S. assigned symbol and perhaps 80% of the warrants have an assigned symbol facilitating trading in the United States.

For me I don’t want worry about, will they or want they, handle my trades.

I know there are other firms, i.e., PennTrade which also has a great system and allows for U.S. and Canadian trading.

For more information on warrants, visit my website and download your Free copy of “The Stock Warrants Handbook, Your Personal Guide To Trading Stock Warrants”.

Good Trading,

Dudley

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