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Anonymous

02 Aug 2021

∙

General Investing

IBKR Noti : Traded a position in the following American Depository Receipt (ADR).

Hi all, recently i have purchase only SEA stock and i received this notification.

Account **** recently traded a position in the following American Depository Receipt (ADR).

SE@IBFRSH

Pass-through fees may be charged on ADR positions. Visit our Knowledge Base for more information on ADR Pass-Through Fees.

Can i know whats is this and am i charged one time based (on top of comission) per trade?

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Chris

02 Aug 2021

Owner and Writer at Tortoisemoney.com

I believe it's a periodic fee to pay the banks/brokers that support these ADRs and allow them to trade on US exchanges. But the good news is that generally the fee is only $0.01-$0.03 per share so for SE it shouldn't add up to too much?

Source: https://ibkr.info/article/1185

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Related Posts

Investing in American Depository Receipt or directly in the underlying security?

I have a day job but am looking to trade in the evenings. Medium term trading, potentially swing and value investing. If you were in my position what books/courses would you read straightaway?

I understand that it's really hard to be profitable doing day trading but what about position or swing trading? How profitable is it?

I am 21yo. Is it wise to open scb online trading account now although I'm currently using ibkr? SCB having promo (1june-30sep) on FREE brokerage fees (rebate) on all "Buy" trades. Have war chest $40k aside. Any advice?

Syfe is going to introduce Syfe Trade which allows US fractional share trading. Will it be better than IBKR?

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