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The ADR is traded on a US exchange. In general, it behaves like a US stock. So the commission is zero, like any other stock on the NYSE or Nasdaq exchanges. DLAKF is the stock itself. If you buy this, Schwab has to conduct business on European exchange, where they are not a member, and they...

Most options do not have enough volume to be tradable. Most serious options traders stick to indexes, the big ETFs like SPY and QQQ, and few individual stocks that have substantial volume in options. BMK

The CNBC article that you linked says nothing about IBKR or TDA. In a press release, Schwab and TDA have declared that they have NOT imposed any restrictions or limitations on long stock positions, except that certain stocks cannot be used as margin collateral. Schwab has stated that they have...

Can you give a couple examples, including both symbols? BMK

This morning when I logged into schwab.com on my desktop PC, the quote bar at the bottom is missing. Is this happening to anyone else? I don't think this is a function of the display settings. I think Schwab's website is just behaving badly... BMK

Have a look at how the SEC defines naked short sales: https://www.sec.gov/answers/nakedshortsale.htm Is this definition "disinformation and lies"? While we're on the topic, can you tell me who won the presidential election in the USA last year? BMK

It doesn't matter. I don't even really understand your question. When I sell stock short, the guy who buys the stock might be a pension fund manager in Omaha, or a retail customer in Sydney, Australia. He doesn't know who sold him the stock, and he doesn't know whether I sold short. He doesn't...

Most holders of silver futures contracts do not want physical delivery, and most do not have the resources to take physical delivery. Not only do you need real cash (not margin, not leverage, actual cash) to buy the entire quantity of bullion each contract, you also need to pay significant fees...

Some of those following the various threads on GME and RobinHood etc. may not recognize that there are two completely different meanings for the phrase naked short. Most of the time, when people use this phrase, they are referring to a position with unlimited risk if the price of the stock...

Brokers certainly have the right to declare at any time that a particular stock cannot be purchased on margin, or to raise the margin requirement to 200%, or 300% or more. That can result in a margin call for anyone who is long the stock on margin, and if they can't meet the margin call, the...

In my previous post, I wrote: What I meant to write was: ... you should check out Business Development Companies, like HTGC or GBDC. I was not specifically recommending either of those two funds. I own shares of GBDC. I do not own HTGC. I was merely trying to use them as examples. There...

Investing in a single startup company is a real gamble, unless you literally have inside information, i.e., a personal relationship with one of the principals. In that context, in most cases, making a decision to invest based on "inside information" would not unlawful, because it is not a...

There is a substantial body of research and evidence that shows that the vast majority of day traders are not successful and are not profitable. It is virtually impossible to make money day trading unless you have a substantial amount of capital (e.g., $50K or more) and you have access to...

Someone who claims to work for RH is claiming that RH shut down trading in GME after getting phone calls from Sequoia Capital and the White House. That's pretty relevant LOL I'll bet federal investigators are already looking into this. Although I find it hard to believe that anyone in the...

I got an e-mail from Schwab at about 8:30 PM (eastern time in the USA), in which they "acknowledge that this week’s heightened trading volume and volatility across our entire industry have led to significant call volumes and hold times as well as challenges with online functionality at market...

Tastyworks was just acquired by something much bigger... Does anyone remember OptionsXpress? I opened an account with them back in 2006. It was a great boutique for serious options traders. They were acquired by Schwab in 2017. Schwab kept the look and feel of their platform. But the quality...

I think you meant "can't short it." Earlier today there was a trading halt. That's a decision made by the exchange, not by the brokers. Right now it is possible to buy it, at least in our account at Schwab. When trying to short it, we get a message that the order cannot be placed because...

Currently I cannot reach anyone by phone. Recording says they are having technical difficulties and are "unable to connect the call." Live chat hold times are well over 15 minutes. And I cannot place an order on their website to close a put spread in IWM. The error message says "the security...

If you have a brand new account, you may have a low trading level that does not allow spreads. You may need to request an upgrade to a higher level of trading. Most brokers require you to have a margin account with at least $2,000 in cash or marketable securities in order to trade spreads. Do...

I think it is highly unlikely that New York City, or even the state of New York, could successfully implement an FTT. Any such tax would immediately be challenged in federal court as a violation of the commerce clause of the US Constitution, i.e., state and local governments cannot interfere...