does the pattern day trader rule apply to UK ETFs?

Discussion in 'ETFs' started by TGpop, Dec 28, 2010.

  1. TGpop

    TGpop

    question is thread title
     
    #1     Dec 28, 2010
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  2. AK100

    AK100

    No.
     
    #2     Dec 28, 2010
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  3. beachallstar

    beachallstar

    Which countries are exempt from the pattern day trader rule using ETF's? Would anyone know if Canada was exempt?

    I thought the pattern day trader rule was based on accounts being above/below 25k.
     
    #3     Feb 19, 2011
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  4. abattia

    abattia

    http://en.wikipedia.org/wiki/Pattern_day_trader

    As per the above, pattern day trader rule is a FINRA (NASD) rule.

    FINRA is an independent regulator concerned with US capital markets, and with securities firms doing business in the US.
     
    #4     Feb 20, 2011
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