Q: I understand that both DLR and DLR.U trade on the Toronto Stock Exchange: one in Canadian dollars and one in American dollars. Does this mean that I can run Norbert's Gambit on the TSX without involving the New York Exchange?
5i Research Answer:
Yes. Brokers will still require a journal entry to a US account to complete this. We have heard from customers that some brokers are less-than-efficient at times on such moves.