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How to Place a Trade


Open an account

Market Hours

You can place an order through TD Waterhouse anytime, from anywhere. TD Waterhouse will then facilitate your order during the market's regular business hours. The only non-trading days are Saturdays, Sundays, statutory holidays and stock exchange holidays.

Your best assurance of obtaining the market opening price for applicable investment products (i.e. equities or options) is to enter your order at least 15 minutes before the market opens. Please note that this does not apply to fixed income or money market investments.

To ensure your order is processed before market closing, please be sure the order is placed within a reasonable time (i.e. not just before the market closes). Should delays or system failures occur, TD Waterhouse is not responsible for missed opportunities.

TD Waterhouse also offers Extended Hours Trading. Learn more about it.

  Open (ET) - Close (ET)
Canadian Exchange-Traded Equities & Options
TSX, TSX Venture, ME, CDN 9:30 a.m. - 4:00 p.m.
Alternative Trading Markets 9:30 a.m. - 4:00 p.m.
Canadian Equity Options 9:35 a.m. - 4:00 p.m.
S&P/TSXI-60(XIU) Index Options 9:30 a.m. - 4:15 p.m.
TSE Last-Sale Trading Session 4:05 p.m. - 5:00 p.m.
Canadian Bond Options 8:20 a.m. - 4:00 p.m.
U.S. Exchange-Traded Equities & Options
U.S Interest Rate Options 8:20 a.m. - 3:00 p.m.
NYSE, AMEX, NASDAQ 9:30 a.m. - 4:00 p.m.
PSE (Pacific Stock Exchange) 9:30 a.m. - 4:30 p.m.
U.S. Equity Options 9:30 a.m. - 4:02 p.m.
U.S. Index Options
    Broad-based (OEX, SPX) 9:30 a.m. - 4:15 p.m.
    Narrow-based (DIX) 9:30 a.m. - 4:15 p.m.
    Transport (DTX) 9:30 a.m. - 4:02 p.m.
    Utilities (DUX) 9:30 a.m. - 4:02 p.m.
Extended U.S. Trading Hours 4:30 p.m. - 7:00 p.m.
Mutual Funds*
Bonds & Debentures
Government of Canada Bonds 8:30 a.m. - 4:30 p.m.
Strip Bonds 8:30 a.m. - 4:30 p.m.
U.S. Treasury Bonds and Notes 8:30 a.m. - 4:30 p.m.
Corporate Bonds 8:30 a.m. - 4:30 p.m.
Provincial Bonds 8:30 a.m. - 4:30 p.m.
Municipal Bonds 8:30 a.m. - 4:30 p.m.
Mortgage-backed securities 8:30 a.m. - 4:30 p.m.
U.S. Pay bonds (and Provincials) 8:30 a.m. - 4:30 p.m.
Eurobonds (CDA, U.S., Australia, New Zealand, Rand) 9:30 a.m. - 5:00 p.m.
Eurobonds (all other currencies) 9:30 a.m. - 11:00 a.m.
Money Market (for same-day settlement)
Treasury Bills  
(U.S. and CDN Pay) 8:30 a.m. - 4:00 p.m.
Commercial Paper 8:30 a.m. - 4:00 p.m.
Bankers Acceptances 8:30 a.m. - 4:00 p.m.
Promissory Notes 8:30 a.m. - 2:00 p.m.
GICs/Term Deposits 8:30 a.m. - 2:00 p.m.
Foreign Currency Deposits/GICs 8:30 a.m. - 2:00 p.m.


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TD Waterhouse offers a wide array of free educational seminars at a location near you.