Td Waterhouse allows clients with a self-directed RRSP account
to automatically wash the sale of US-listed stocks or ETF's into TD
US$ Money Market Fund(TDB166)If you buy and sell on the same
date,TDW automatically washes your trades at the same exchange
rate.
Thanks polish1. Do you have to phone TDW each time (which
I remember doing with TDW 10+ years ago)? Or can you
configure your online account to automatically do this now?
TDW handles wash trades automatically.Just a tiny comment re US
dividends.TD Waterhouse will not wash dividend payments.You have to
call TD Waterhouse trading desk and sign up for automatic wash
trading.Hope this helps.
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Automatic Wash Trading at TD Waterhouse
How do Canadians hedge USD/CAD fluctuations within RRSPs?
Posted by polish1 on 6th of Jan 2017 at 02:34 pm
Td Waterhouse allows clients with a self-directed RRSP account to automatically wash the sale of US-listed stocks or ETF's into TD US$ Money Market Fund(TDB166)If you buy and sell on the same date,TDW automatically washes your trades at the same exchange rate.
Thanks polish1. Do you have
Posted by rojoch on 6th of Jan 2017 at 04:55 pm
Thanks polish1. Do you have to phone TDW each time (which I remember doing with TDW 10+ years ago)? Or can you configure your online account to automatically do this now?
10 years ago
Posted by greatmedia1 on 6th of Jan 2017 at 07:45 pm
I remember trading 10 years ago too, I'm back into it now, everything has changed.
TDW handles wash trades automatically.Just
Posted by polish1 on 6th of Jan 2017 at 07:24 pm
TDW handles wash trades automatically.Just a tiny comment re US dividends.TD Waterhouse will not wash dividend payments.You have to call TD Waterhouse trading desk and sign up for automatic wash trading.Hope this helps.