Can US residents buy stock options on the Canadian (Montreal) exchange?

I believe the SEC has a rule that non-institutionals cannot trade options on foreign indexes. To tell you the truth though I'm not sure if this applies to options on index futures although I wouldn't be surprised if it does.
 
Eurex's US eligible stuff is CFTC recognized under a cross regulatory agreement. No SEC approval under their securities listing and then the only way to buy is to be a genuine institution and suitability is established by account size, kind of the same benchmark as a qualified investor in the US - the test is partly based on account size. Maybe one day Eurex will work a cross regulatory agreement with the SEC.
 
Markets
  • Australia
  • Austria
  • Belgium
  • Canada
  • Denmark
  • Finland
  • France
  • Germany
  • Greece
  • Hong Kong
  • Ireland
  • Italy
  • Japan
  • Mexico
  • Netherlands
  • New Zealand
  • Norway
  • Poland
  • Portugal
  • Singapore
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • United Kingdom
These are the countries that have reciprocal regulatory agreements with the SEC. This is fidelity's current list of countries for US residents. Schwab and TD also have foreign desks. All the wirehouses offer them as well. Fees and liquidity will be an issue. Again it's stock only.
 
jo0477 said:
Not sure why if you are a us citizen, you would want option exposure in canada. The liquidity is terrible on canadian options. I know this because i write options on Canadian stocks. if you can, stick to us options. Montreal exchange is brutal compared to the liquidity you find elsewhere.
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single names only? the index options are decent?
 
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