How to Place a Trade

Order Placement

Whether you're placing an order through an Investment Representative, or using one of our Electronic Brokerage Services, there are common pieces of information you need to specify when placing an order.

1. Acount number and account type.

   Cash, Margin, Self-Directed RSP/RIF/RESP, Basic RSP/RIF or Quebec Stock Savings Plan. If this is your first trade, please note that cash or securities must be in your account to cover the total amount of the trade.

2. Buy or Sell order.

3. Number of shares/units or dollars in your order.

   For example, 100 shares.

4. The security of the company you are trading, including the security class.

   For example, common or preferred stock.

5. The type of order you are making.

   Please specify if the order is a market order or not and indicate any special terms of execution (e.g., "all or none").

   Important: Always specify if this order cancels or replaces an existing order. We cannot cancel an order unless you ask us to, and any losses that may result from uncanceled orders will be charged to your account. Similarly, please specify if you are simply changing the price of a previous order, since failure to do so could result in a duplicate order for which you would be responsible.

6. Note: The currency in which you wish to trade.

   You may hold your assets in Canadian or U.S. dollars, or both.

Important Reminder: Canceling Orders

Always specify if this order cancels or replaces an existing order. We cannot cancel an order unless you ask us to, and any losses that my result from uncanceled orders will be charged to your account. Similarly, please use a 'Change Order' request to change the price of a previous order, since failure to do so could result in a duplicate order for which you would be responsible. Cancelling and sending a new order increases the risk of duplicate orders.