There are two options from which to choose when placing a buy or sell trade. You can either place a trade yourself using the Trinidad and Tobago Stock Exchange Online Trading Platform (TOP) or have one of RWML’s advisors place the order on your behalf.
Placement of trades on TOP:
This is a simple three (3) step process!
Sign up for a free TOP account. Register here or visit the Frequently Asked Questions to first learn more. Please print, complete, sign and return the TOP agreement form to us in an emailed to firstname.lastname@example.org.
Once your TOP account is opened, you’ll be required to deposit funds into it in order to buy shares. All trades to the account must be prefunded. Alternatively, proceeds from the sale of shares can be re-invested.
You can now begin to place trades from the comfort of your office or home.
Trades conducted via TOP will incur a cost of 0.96% each of your trade value.
Placement of trades by RWML:
Send an email to email@example.com using the following format:
Email Subject: “New Trade Request”
Email Copy: Include the following:
Example: a/c# xxxxx. BUY 10 RFHL shares @ $142.00 via limit order.
If unsure of the recommended price you should buy or sell at or if you’d like advice on which shares to trade, please contact us for guidance at the above email address.
Funding of trades must be placed through RWML. First-time customer purchases should:
Please contact firstname.lastname@example.org before depositing funds to our account.
For subsequent purchases, prefunding your account is not required. Instead, you can make a payment within two days of your trade being executed.
Within a day of your trade being executed, you’ll receive a contract note via email. This represents proof of trade and provides details on the number of shares you’ve traded and the amount you’re required to pay for purchases or the amount you will receive for sales.
You’ll receive statements via post on a quarterly basis from RWML.
• March 31st
• June 30th
• September 30th
• December 31st
You may also register with the Trinidad and Tobago Central Depository (TTCD) to view your statements online. To learn more, click here.
The dates on which dividends are paid vary by Company.
Information on stock dividends, such as their value and payment dates are located on the Trinidad and Tobago Stock Exchange (TTSE) website.
The Paying Agent, generally the Trinidad and Tobago Central Depository (TTCD), is responsible for making dividend payments.
If you have any queries on your dividend payments, please contact TTCD 625-5107-9 option 4 for guidance and information.