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Poseidon Concepts Corp. Message Board

  • wtblanch5 wtblanch5 Nov 10, 2011 2:43 PM Flag

    Additional $50 Fidelity Fee to Trade!!!

    Wow, missed this on my initial (thankfully limit order) and on replacing it, I noticed it, and called Fidelity.

    They claimed that any 5 character ticker than ends in F is potentially BUT NOT ALWAYS like this.

    If the company doesn't pay for the "Depository Trust and Clearing Corporation" to be involved in the stock transfer ( ???) and it's a foreign stock, that there is some special "hand holding" that goes on, thus the fee.

    Perhaps this will be something that could change shortly, but that's the situation today.

    The did say that there wouldn't be a problem with the Dividends other than the amount of Foreign Witholding.

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