Moving shares from a DRS

[Guest Hogan]

Hi guys, I currently have some shares (TSGI) sitting in a DRS with Computershare Canada. I've been told I need to move these shares to a broker before I can move them again to a platform like IG to start trading them. Does anyone have experience doing this or can point me in the direction to get started? I think the first step is finding a broker but no idea where to start even with this. Ideally I think I want a domestic broker in AU but not sure if this is advantageous vs an international broker considering my shares are Canadian.

[CharlotteIG]

8 hours ago, Hogan said:

Hi guys, I currently have some shares (TSGI) sitting in a DRS with Computershare Canada. I've been told I need to move these shares to a broker before I can move them again to a platform like IG to start trading them. Does anyone have experience doing this or can point me in the direction to get started? I think the first step is finding a broker but no idea where to start even with this. Ideally I think I want a domestic broker in AU but not sure if this is advantageous vs an international broker considering my shares are Canadian.

Hey @Hogan, thanks for your message. 

If you're referring to Stars Group Inc (TSE: TSGI) we would not be able to transfer them over because they trade on the Canadian exchange which we're not set up on.

I'm not sure which Australian broker does allow traders to move and trade Canadian shares. 

Sorry I couldn't help with this.