Reason for this visit
As the major stock exchange in Canada, the Toronto Stock Exchange (TSE) is one of the largest stock exchanges in the world. In addition, Canada is home to some small exchanges such as CSE, NEO, etc., which predominantly focus on small and medium-sized enterprises and startups. In terms of regulation, the Canadian Securities Administrators (CSA) and the Investment Industry Association of Canada (IIAC) are responsible for regulating the stock market and brokers‘ operation to protect investors’ rights and interests. In general, driven by technology applications, Canadian stock market has access to steady growth of market size via enabling investors to have more convenient trading experiences. At the meantime, Canada has been attracting an increasing number of international brokers thanks to its perfect regulatory environment. In an attempt to help investors to get a more comprehensive understanding of the brokers in Canada, WikiStock survey team decides to go to the country for on-site visits to local companies.
On-site visit
In this issue, the survey team went to Canada to visit broker Questrade as planned according to its regulatory address that 5700 Yonge St., North York, ON.
The investigators arrived at 5700 Yonge Street in North York of Toronto, the capital of Ontario in Canada on December 14, 2023, and located “North American Centre”, a Grade-A modern commercial building at the relatively quiet street. And there was an outdoor directory, which displayed prominently the company name and logo of “Questrade”.
Upon arrival to the building for further investigation, the survey personnel spotted clearly the company name and logo of “Questrade” at the entrance.
There was a reception area and a digital directory in the lobby. And it could be seen from the directory that Questrade was situated in the building. However, people werent allowed to visit the office and take photos internally due to the stringent security rules. Therefore, the specific office size of the company is unconfirmed.
Through the on-side investigation, it is confirmed that the company has a physical presence at the location.
Conclusion
The survey team went to Canada to visit broker Questrade as scheduled, and found the companys name at its regulatory address. This indicates that the broker has a physical business office at the place. Meanwhile, investors are advised to make a judicious decision following an overall consideration.
Disclaimer
The content is used for informational purpose only, and shall not be taken as a final order for making a choice.
Check whenever you want
WikiStock APP