Investor notices and updates
Welcome to our Ameritrade clients
TD Waterhouse Discount Brokerage would like to extend a huge welcome to our new Ameritrade Canada¹ clients.
As a TD Waterhouse Discount Brokerage client, you’ll enjoy premium service, powerful trading tools, and competitive commission rates. And you will now receive our client newsletter, Investor Insights, on a quarterly basis with your month-end statements — and it’s also available monthly online.
To find out more about the resources available to you — including advanced tools designed especially for active investors — please visit us online.
Welcome aboard!
WebBroker gets even better with new updates
TD Waterhouse is pleased to announce that WebBroker continues to make investing more convenient and secure, with a number of recently introduced enhancements.
Security guarantee. Your online investing experience is now more secure than ever. You will receive 100% reimbursement of your account losses in the unlikely event they result from unauthorized online brokerage activity².
Intra-day updating of market values. Now, the market value for exchange-traded securities in your account will be updated throughout the day (with a 20-minute delay). Watch for this feature as it will be phased in over the month of July.
Download account holdings. You can download account holdings directly from WebBroker to popular personal finance software applications, including Intuit Quicken and Microsoft Money. You can also download the information in Microsoft Excel spreadsheet format. The ability to download account transactions will be added in the future.
Rename accounts. Account names can be customized on WebBroker for easier identification. Giving accounts a name of your own choosing can make online investing and account management easier to organize. Visit the TD Waterhouse website to take advantage of these updated features.
Keep more of your investment profits with lower commissions
We’ve got good news on commissions. We’ve lowered rates for many trades made through WebBroker. In fact, you may be able to trade for as little as $9.99.
Investors who have 150 or more equity or option trades each quarter are eligible for a flat rate of $9.99 for U.S. equity trades. For Canadian equities trading over $1.00 per share, a commission of $9.99 applies to orders of up to 1,000 shares, with 1-cent-per-share commission on trades over 1,000 shares. Option trades are $9.99, plus $1.25 per contract for active investors.
Those who trade equities or options at least 30 times each quarter also benefit from improved rates. These investors are eligible for a flat-rate commission of $14.99 on U.S. equities. Canadian equity orders trading over $1.00 per share are charged $14.99 up to 1,500 shares and 1 cent per share for trades over 1,500 shares. Option trades are $14.99, plus $1.25 per contract. Clients who trade less frequently are unaffected by commission changes.
For the terms and conditions and complete details about the commission structure, please visit us online.
Reminder about idle account statements
In the interest of reducing the environmental impact of paper use, TD Waterhouse will no longer mail a September statement for accounts when the only account activity consists of:
- debits and/or credits from interest
- dividend or Dividend Reinvestment Program (DRIP) payments
Transactions occurring in a month when no statement is mailed will be displayed on the next statement that is mailed for the account. (For President’s Account clients, there is no change to the monthly account statement schedule.) Please be assured that at a minimum you will continue to receive statements in March, June, October, and December.
TD Waterhouse offers convenient, paper-free ways to monitor activity on your account. You can access an electronic version of your monthly statement on TD Waterhouse eServices via WebBroker.
For more information, or to register for TD Waterhouse eServices, visit eServices online or call our Electronic Brokerage Services Help Desk at 1-800-667-6299.
Insiders and significant shareholders must disclose their status
In an effort to maintain a level playing field for all investors, Canadian securities industry regulations require insiders and significant shareholders of publicly traded companies to disclose their status when opening a brokerage account and advise of any changes of status as they occur.
In addition, insiders and significant shareholders are required to disclose their status when placing trades on equities and options issued by the company with which they are connected when the trades are entered on the Toronto Stock Exchange, the TSX Venture Exchange, or the Montreal Exchange.
To place an order for an equity or option issued by a company in which you are an insider or significant shareholder, you must speak with a TD Waterhouse Investment Representative and disclose your connection to the company before placing the order.
These orders cannot be placed via TD Waterhouse WebBroker, TeleMax, or TalkBroker. The same requirement applies if you have trading authority on another person’s account and are placing trades on his or her behalf, and either you or the other person is an insider or a significant shareholder of the issuer’s securities.
For further information, or to update your information with regard to your insider or significant shareholder status, please call an Investment Representive at (416) 982-7686 or 1-800-465-5463. For Partner Services, please call (416) 644-0840 or 1-800-780-0840.
Leveraged risk disclosure statement
Using borrowed money to finance the purchase of securities involves greater risk than a purchase using cash resources only.
If you borrow money to purchase securities, your responsibility to repay the loan and pay interest as required by its terms remains the same, even if the value of the securities purchased declines.
¹ Ameritrade Canada is a trade-mark of TD Ameritrade Holding Corporation. Used with permission.
² Conditions apply. Please visit the TD Waterhouse website to learn more.
