tag:infinitekind.tenderapp.com,2009-01-14:/discussions/investments/5728-entering-an-equity-bought-on-tsx-and-sold-on-nyseInfinite Kind: Discussion 2021-05-17T21:20:25Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/490367152021-02-15T19:54:08Z2021-02-15T19:54:08ZEntering an equity bought on TSX and sold on NYSE<div><p>Well my brain melted trying to understand your scenario, but I can say this. There is no share txfr function in MD between accounts. The only mechanism is to (fake) sell and then (fake) buy back in the to/from account. The sell/price should always be at the current cost basis price at that point in time so that your CB and gain remains correct in the new account.</p>
<p>(Not support, just a fellow user)</p></div>Stuart Beesley (Mr Toolbox)tag:infinitekind.tenderapp.com,2009-01-14:Comment/490367152021-02-15T19:57:02Z2021-02-15T19:57:02ZEntering an equity bought on TSX and sold on NYSE<div><p>You have the added complication that there would also have to be a conversion of the value between CAD and USD - unless you can sell on the NYSE in CAD?</p></div>dwgtag:infinitekind.tenderapp.com,2009-01-14:Comment/490367152021-02-15T20:06:09Z2021-02-15T20:06:09ZEntering an equity bought on TSX and sold on NYSE<div><p>@dwg the whole purpose of these transactions is to produce USD from CAD, so I want to sell in USD on the NYSE.</p>
<p>@Stuart: Maybe this would simplify it. Buy a stock in CAD on the TSX. Sell the same stock on the NYSE to get USD.</p>
<p>You have confirmed that the transfer I want to do isn't available in MD. So I'll do fake buys/sells accordingly with a money exchange in between.</p>
<p>I didn't see a way to do a foreign rate exchange directly in the investment Register, but see I can adjust it in the "Bank Register" view of the investment account. I guess that's the way around currency exchange for investment accounts.</p></div>CanSavertag:infinitekind.tenderapp.com,2009-01-14:Comment/490367152021-02-15T21:18:26Z2021-02-15T21:18:26ZEntering an equity bought on TSX and sold on NYSE<div><p>To perform foreign currency transactions with conversion in an Investment account you have to use the Bank register.</p></div>dwg