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?


  2. 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

    "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."

  4. def

    def Sponsor

    yes, non-US exchanges.
  5. Thanks, i understand.
    IB'definition on the home page was for me not clear enough.