canadians: what do you do with your USD pay?

Discussion in 'Professional Trading' started by bespoke, Jan 21, 2009.

  1. bespoke


    Curious what you fellow prop traders who get paid in USD do with your pay? Keep it in a USD account or do you regularly transfer over to CDN when the time is right? If you transfer, where/how do you do it?

    (I ask prop traders cause you retail guys probably reinvest/hold it)
  2. USD? That aint money, that's good kindle-paper for bon fires :p
  3. Lippy


    i exchange my USD as quick as possible because i dont trust it will stay up..
    TD has the best exchange at TDFX, but i think u need a corporation and they want you to average over 10k/month. Next best for exchange is probably customhouse
  4. Compared to the Canadian dollar, it is platinum.
  5. I pre sell my earnings in IB every few days. My IB account is always short USD as i get paid in arrears.
  6. Daal


    Unless you think your a good currency speculator I dont think you have any business in not converting immediatly