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Trading Service By Internet
Products Traded by Internet
Laurentian Bank Discount Brokerage's "My portfolio in Solo"
transaction service lets you buy and sell shares, options and investment mutual funds online
when you want and from where you want.
When you are set up in "My portfolio in Solo", you have access to a
wide range of market information such as stock quotes in real time, security symbol searches,
graphs, options, stock market news, and more.
Presentation of Financial Information
You may easily track your portfolio because financial information is
presented clearly in the following sections:
This section provides complete information about your accounts. All
types of accounts you hold at Laurentian Bank Discount Brokerage are listed with relevant
financial information. At a glance, you can see the currency of the account, the cash balance,
the securities at market price, the net value and the margin available. The exchange rate used
when applicable is also displayed. By selecting one of your accounts, you may access the following.
This section provides a list of the securities held in the account you
have selected. The securities are presented by the trading symbol, the description of the security,
the quantity held, the quantity pending for a transaction that has not yet been settled, the price
as of the date of the last closing and the market value of the security.
To make managing your investments easier, the cash balance and the
market value of the account are immediately adjusted when you buy or sell. The cash balance is
always presented as of the settlement date and as of the transaction date. However, you may view
this information as of the date of the last closing if you like. That day's exchange rate is
This section lists transactions for a period of at least 60 days, not
including that day's transactions. The information consists of the settlement date, the transaction
date, the type of transaction (purchase or sale), a description of the security, the quantity,
the price and the net amount of the transaction. A search filter by type of transaction or by
security is available. This statement is available with the book value for registered accounts.
Statement on Demand
This section combines the position in securities and the transaction history for a period of 60 days. There is a section for Canadian securities and a section for foreign securities. The statement on demand is as of the closing date (it does not take into account that day's transactions).
Registered Accounts Information
This section provides the history of your registered account and, for
RRIF and LIF accounts, it lets you verify the type and the method of payment of retirement
benefits you have chosen.
You may issue instructions to obtain funds held in your brokerage
account through this section. You can obtain funds by electronic transfer (EFT), by cheque that
we mail or that you may pick up at the reception area of our Montreal offices.
Rapidity of Execution
"My portfolio in Solo" offers rapid execution because in most cases
your transactions are sent directly to the Exchanges. When a transaction needs to be seen by a
representative, it only takes a few moments to be verified. In either case, you can view the
status of your order in the "Orders Associated with an Account" section.
Reliability and Security
Laurentian Bank Discount Brokerage is committed to protecting the
security and confidentiality of the personal information you provide. Please read Security and
Privacy for more information. Also as a security measure, you must enter your password
every time you validate a transaction.