How to Place a Trade

You can quickly and easily make deposits to fund your trade through TD Waterhouse or any TD branch. Different kinds of investments have different settlement dates and it is important to make sure that funds for securities you buy are in you TD Waterhouse account in time.

When Buying

You have several convenient choices for depositing funds into you TD Waterhouse account:

• Through EasyWeb, you can transfer funds from your TD Canada Trust account to your TD Waterhouse account.
• You can make your deposit at any TD Canada Trust Branch, which will forward it on your behalf to your TD Waterhouse account.

When Selling

Please make sure the securities or stock certificates, in negotiable form, you wish to sell are in your TD Waterhouse account or delivered to a TD Waterhouse branch prior to placing your order to sell. Click here for suggestions on how to forward negotiable certificates safely.

Free Safekeeping

TD Waterhouse provides free safekeeping on all securities, except gold and silver certificates. For your convenience, we recommend your securities remain in our TD Waterhouse account at all times. That way, you will not have to monitor delivery deadlines and make repeated trips to a safety deposit box.

Convenient deposit of securities

If your securities or certificates are not already in your TD Waterhouse account, you may forward them through any TD Canada Trust branch free of charge. You may also forward securities and certificates by mail. For additional security, we encourage you to use either registered or certified mail.

Settlement dates for different Investments

Please make sure that funds for securities you buy are in your TD Waterhouse account by the following dates.

Settlement Dates

TD Waterhouse is required by industry regulations to close out trades that are not settled promptly.  Any losses resulting from these "buy-ins" or "sell-outs" are the investor's responsibility.  Securities purchased on margin require sufficient excess margin prior to entering the trade.