Non-US Stock on the NASDAQ & daytrade rule

Discussion in 'Retail Brokers' started by hunroadrunner, Apr 27, 2002.

  1. Have i with an margin account under 25k only 3 daytrades when i on the NASDAQ listed, but non-US stock trade (example: CHKP) or when i ADR's trade?

    Thanks

    Michael
     
  2. H2O

    H2O

    As far as I know, the daytrading rule acts on every stock traded in US$.

    It is however possible to daytrade the 'Big' stocks when they are trading in Euro's as well as US$

    This might not be complete but this is the way I understand it.
     
  3. Interactive Brokers on www.interactivebrokers.com

    "Do the new day-trading rules apply to options, futures, and non-US stock?
    No. These new restrictions do not apply to options, futures, and non-US stock trading."

    On NON-US EXHANGES?
     
  4. def

    def Interactive Brokers

  5. Thanks, i understand.
    IB'definition on the home page was for me not clear enough.