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Transaction information on the stock market exchange
1) How to buy stock in the stock market exchange?
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Firstly, you must open a stock exchange acccount in a home of brokerage. (Ex: e-trade, Disnat or BMO)
To open a stock exchange account, it is the same as to open an account in a bank.
You must fill certain forms to open the account. There are several types of account, the most popular are "CASH" and "RRSP".
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| b) |
To purchase a stock of a company, you must deposit some cash in your stock exchange
account before buying the stock desired.
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| c) |
Every home of brokerage offers an Internet site to purchase or sale stock in a stock market exchange.
First, you must connect to the Internet site of your home of brokerage with a username and a password.
You must then enter the information of your order to purchase or sale and immediately the transaction is sent to the stock market exchange.
Information of an order: - code of the company
- Type of order (purchase or sale)
- Number of actions
- Price
- length of the validity (1 or many days)
Here is the list of home of brokerage:
| TD Waterhouse |
www.tdwaterhouse.ca |
| E*TRADE |
www.canada.etrade.com |
| BMO Ligne d'action |
www.bmolignedaction.com |
| Courtage direct Banque Nationale |
www.cdbn.ca |
| RBC Placements en direct |
www.rbcplacementsendirect.com |
| Disnat (Desjardins) |
www.disnat.com |
| HSBC InvestDirect |
www.investdirect.hsbc.ca |
| Pro-Investisseurs CIBC |
www.investorsedge.cibc.com |
| Courtage à escompte Banque Laurentienne |
www.vmbl.ca |
| Questrade |
www.questrade.com |
| Placement direct ScotiaMcLeod |
www.scotiabank.com |
| QTrade |
www.qtrade.ca |
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