Facts to know before you trade
Order rejection
You may encounter trade order rejections. Usually the causes for rejected trades are trade rules that foreign exchanges have in place governing lot sizes, trade limits, or ticks. Trade rules can even vary by specific securities on some exchanges. Contact a Global Investing Specialist at 800-992-4685 for information about trade rules in place for a specific security.
Market hours and trade execution
- Orders can be placed, modified, or canceled at any time prior to execution.
- Foreign market trades execute during the operating hours of the relevant exchange.
Markets & currencies
You place your trades directly on any of the twelve available foreign markets in eight currencies.
Order types
Only market or limit orders are accepted. No stop orders are permitted, for either online or broker-assisted trades.
Time limits
Only day orders are accepted. Order qualifiers, such as fill-or-kill, are not accepted, even through brokers.
Margin
Securities in the global account are not marginable.
Next Steps
For in-depth information about these topics, plus much more, visit “Understanding International Investing” at schwab.com/UII.
0612-2732