Can US residents buy stock options on the Canadian (Montreal) exchange?

Discussion in 'Options' started by d0rian, Oct 29, 2016.

  1. Surprise

    Surprise

    1. Because of SEC restrictions, US legal resident customers are not allowed to trade non-US stock and cash index options.

    IB
     
    #11     Oct 30, 2016
  2. i960

    i960

    I believe the SEC has a rule that non-institutionals cannot trade options on foreign indexes. To tell you the truth though I'm not sure if this applies to options on index futures although I wouldn't be surprised if it does.
     
    #12     Oct 30, 2016
    water7 likes this.
  3. ajacobson

    ajacobson

    Eurex's US eligible stuff is CFTC recognized under a cross regulatory agreement. No SEC approval under their securities listing and then the only way to buy is to be a genuine institution and suitability is established by account size, kind of the same benchmark as a qualified investor in the US - the test is partly based on account size. Maybe one day Eurex will work a cross regulatory agreement with the SEC.
     
    #13     Oct 30, 2016
    water7 likes this.
  4. ajacobson

    ajacobson

    Markets
    • Australia
    • Austria
    • Belgium
    • Canada
    • Denmark
    • Finland
    • France
    • Germany
    • Greece
    • Hong Kong
    • Ireland
    • Italy
    • Japan
    • Mexico
    • Netherlands
    • New Zealand
    • Norway
    • Poland
    • Portugal
    • Singapore
    • South Africa
    • Spain
    • Sweden
    • Switzerland
    • United Kingdom
    These are the countries that have reciprocal regulatory agreements with the SEC. This is fidelity's current list of countries for US residents. Schwab and TD also have foreign desks. All the wirehouses offer them as well. Fees and liquidity will be an issue. Again it's stock only.
     
    #14     Oct 31, 2016
  5. single names only? the index options are decent?
     
    #15     Feb 5, 2019