Our dedicated client service teams manage the complexities of planning for your meeting, including mailing of your proxy packages and helping to ensure you maintain good governance and meet important regulatory deadlines along the way., Computershare's Simply put, if the high score is 1000, we drop the last . Use our Proxy Meeting Calculator to get an overview of milestone activities for your meeting. so how do fractional shares actually work when it comes to ComputerShare and ownership? "How long does it take?" Certificates can NOT. Our global footprint means we have the scale to maintain robust compliance, audit, risk, financial crime, disaster recovery and business continuity planning programs - offering peace of mind to our clients and their customers. Cookie Notice We support you at every step. NOTE: For transparency, it didn't work for me since my postcode (ZIP) is 4 digits. Derivative Contracts The fair value of a . I've made a blank template you can use here you can use as an attachment. This would only apply if your broker were to go bankrupt. The battle has only just begun. We help clients increase shareholder participation and transition from traditional, in-person meetings to virtual meetings, or a hybrid of the two. The phone call was a breeze and the transfer took 4 days. Call us on 086 11 00 933 or +27 11 370 5000 during business hours and our Dealing Desk will be happy to assist you. THIS COMMENT IS A PERCENTAGE POLL. Intelligence at your fingertips. Is there any difference for international investors? Reply Roid_Rage_Smurf Schrdinger Bot Additional comment actions . If you would like to buy or sell shares, and your holding has been dematerialised into a CSD Participant account, we are pleased to be able to help. Source: GameStop Newsroom , Form 10-Q. A broker must provide (on the electronic transfer request) the transfer agent with the shareholders registration details, the number of shares being transferred and unique shareholder reference number to initiate the transfer, details only the shareholder should know. Press question mark to learn the rest of the keyboard shortcuts. Short . Whenever you purchase a share with any broker, whether it's Robinhood or Vanguard you dont really own them and cant 100% control their lending status. If you think they aren't, just check again, Step 1. IMPORTANT: You should check with your broker before transferring to another broker or CS as it could lead to your positions being sold/liquidated or your account being blocked during the process. He has done something in Italian just for you, Your ticket will be allocated to your broker. 67. r/Superstonk. GME stock has approximately 18.67 million shares on loan. You've got this! By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. The ratio of distribution is entirely up to you. Follow the steps and submit. Anything above this will require written notice. Manage your employee portfolio, access tools and support features How can I arrange dividends to be paid electronically? Highest Cost - The shares with the highest cost will be transferred first. That feeling when GME drops into the $18s, and your deposit hits Computershare. It removes any risk your shares might face during a broker default, https://www.reddit.com/r/Superstonk/comments/ptxbiq/broker_defaultsbankruptcy_sipc_insurance_and_your/?utm_source=share&utm_medium=web2x&context=3. Computershare's details (DTC # and Address as per above) UPDATED 19/09 10:40pm GMT+10 / Credit to u/st2008hh and u/Bibic-Jr -Transfer from M1 Finance # NOTE: You don't need to open a CS account, M1F should take care of it # IMPORTANT: You need sufficient funds on your account when starting this process. /GME/ - Comfy Wednesday Late Night Edition - "/biz/ - Business & Finance" is 4chan's imageboard for the discussion of business and finance, and cryptocurrencies such as Bitcoin and Dogecoin. Do I share ownership with someone else if I have a fractional share?19:37 essentially when it comes to share ownership, with the register itself, you dont actually own that fractional share.20:22 So when it comes to buying shares through computershare, its been theorized that the broker places large orders on the exchange that essentially represent an cumulative amount of buy orders from yourself and computershare. Remember, everyone here is making their own financial decisions based on their own research. None of this is financial advice. - Really valid question and it's a personal choice again. Havent been here in a loooooong time. - Simple answer is no (unless it fits your investment strategy). Employee Online. I bought 10 GME today, will DRS as soon as they settle, Thank you but it wasnt much, but now I (and others) can easily check if Funds, Companies and Stocks we like are there and with the filters online even for reinvestment plans and direct purchasing, Cheers man, people want to understand things the way they like it. Reply, if you wish, what % of your stock you put in Computershare to help apes decide what they should put in. Step 2. A: Since the account numbers at CS increment, are unique to the fund, and based on mod11 are sequential except the last digit (which is a check digit determined by mod11 if you want to google it), if we know the current high score, we know how many GME ComputerShare accounts there are by dropping the last digit from the account number. >Ongoing hiring of specialists of e-commerce, UI, UX, blockchain and supply chain operations. Diamantenhnde isn't simply a thread on Superstonk, it's a community that gathers daily to represent the many corners of this world who love this stock. Decide for yourself what percentage of your holdings you would like to keep there, but make sure you also have shares in a trustworthy broker to be able to sell during the MOASS. It's worth checking if you can't find your broker in Part 1, Part 2, Part 3 or 4. PART 2. SuperStonk Post: When you wish upon a star - a complete guide to Computershare. Shares can be replicated infinitely. Have Ryan Cohen and other insiders at GameStop direct registered their shares with CS? In my case, it took another 1-2 days. When you direct register your shares they are indeed withdrawn from the DTC and control by Cede & co. You are now not just the beneficial owner but the registered owner of these shares as explained in this graphic. We talk to Paul Conn about limit orders, multi-factor authentication, what you can access quickly on your account, IRAs, and more!Paul Conn started his inter. Unfortunately, we have become so accustomed to following every price movement of the ticker and buying the dip we forgot one of the most important principles. So yes, there are fees associated with selling. The same way we are learning, they are also getting up to speed with a niche topic. Once you talk to someone (can take a while), be knowledgeable and ask for an Outbound DRS Transfer for some of your Gamestop shares to the official registrar (Computershare). SuperStonk Computershare AMA Part 1. For more information view our, instructions how to enable JavaScript in your web browser, Deliver your corporate actions with certainty, Understand what your investors are thinking, Offer your securityholders a great service experience, Stay ahead of regulatory and market issues, Communicate effectively with your employees. 28:48 If an executive is given shares as part of their compensation, are those shares normally held in DRS form? Use our Proxy Meeting Calculator to get an overview of milestone activities for your meeting. GameStop Info. Learn more about this bot and why we are using it here. REDUCES RISK ASSOCIATED WITH PHYSICAL SECURITIES PROCESSING, INCLUDING TURNAROUND DELAYS, MAIL LOSSES AND RISKS ASSOCIATED WITH STOLEN, FORGED OR COUNTERFEIT SECURITIES* The phone number for the call is 877-451-6152 and the confirmation code is 13732487. - See bottom of this post for more on this. >Complete corporate revamp by Ryan Cohen. Make it clear you just transferred shares, do not have a registration yet, and don't want to wait for regular post. I eat yellow crayons for breakfast and my last IQ test came at 69 so this is NOT financial advice. Shares can be replicated infinitely. TLDR: Computershare is legit and potentially the safest place to hold your shares. They are a necessary evil and some are certainly much more trustworthy than others but at the end of the day, they are NOT your friends. Before we wrap this up the final piece of the puzzle is what it looks like to SELL with Computershare. Step 1. They were not built to buy the dip or day-trade which is why those of us used to app-based, commission-free modern trading unreasonably judge their platform as archaic. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). Section 4: Your address. This is incorrect. All rights reserved. None of this is financial advice. NOTE: You can also request Express to receive that special code. Make a stock purchase. I am trying to provide data and leads for you to do your own research and come to your own conclusions. For the Transfer Agent Account #, leave blank if you don't have a CS account yet. Are there regulations in place to make brokers send over the correct cost basis information? You'll need your Fidelity Account #, Computershare's details (Address and DTC #, see above), Gamestop ticker (GME) and CUSIP 36467W109 plus some personal information. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. You might want to follow-up with them a day or so after to make sure it's received and processed. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. || What is DRS and why should you care? They are playing both sides of this trade. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Check it out and don't hesitate to drop names like IIROC (as they regulate WS). Step 1. 07:31 If we set up a TOD beneficiary to our account, how does that work? Shares can be replicated infinitely. Do your brokers lodge these orders on the exchange when they come through, or do they wait and accumulate them, and then wait to execute them as a batch order?21:23 When you say lit exchanges, are you referring to specific exchanges? You will receive your transfer confirmation a few weeks later. "Street Name" Registration The security is registered in the name of your brokerage firm on the issuer's books, and your brokerage firm holds the security for you in "book-entry" form. 14000 Employees. If you made it to the end of my rant, thank you for reading. # NOTE: You don't need to open a CS account, Ally Invest will take care of it. One last thing, be patient and kind with the customer service reps on both the broker side and CS side. When you go through 'Ask TED', the agent will fill the form for you, Step 2. Take everything you read, including my post with a grain of salt. Scan this QR code to download the app now. A place for theoretical discussions about business and stocks - specifically GameStop Stock ($GME). My brain was as smooth as a baby's bottom 9 months ago. 14000 Employees. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. See bottom of this post for more on this. This Part I covers most US brokers as well as Wealthsimple and IBKR: Part 2 is covering the following brokers: Commsec, DNB, Danske Bank, Hatch , Interactive Brokers/ IBKR , Nordnet , Questrade , RBC , Revolut , Scotia iTrade , Stake, SwissQuote , TD CanadaTrust , Tradestation, Part 3 is covering the following brokers: BMO, Chase/JP Morgan, E*Trade, Firstrade, Rabobank, SoFI, Tastyworks, TradeZero, Vanguard, Wells Fargo, XTB, Part 4 is covering the following brokers: M1 Finance, Public, Hatch, SwissQuote, Tradestation. There is a list of all companies but its slow and takes forever to load. UPDATED 23/9, 8:45am NYC Time / Confirmation that live chat works NomNomNommy on 22/9 / Added form method on 29/9. Contact us to learn more about how we can help with your shareholder meetings. ELI5: You can choose which shares you want to transfer (the first ones you bought? Some apes like myself have a lot of shares in a Roth IRA and cant transfer them out due to early distribution tax implications (although I think I found a solution to that you will find at the bottom of this post). If you see any posts that belong in this list please comment or send me a chat! "What happens if MOASS starts while the shares are being transferred?" We have many cases of brokers sending over incorrect cost basis information. Because to me, it seems like direct registering your shares, it shouldn't be the brokers saying no and blocking this off, they should be able to provide this option.18:09 People were kind of confused about seeing fractional shares on your platform, and that you actually display them, and it rightfully raised some eyebrows as a few people assumed that only one person can claim ownership to a single share certificate, and fractional shares is something thats kind of a broker thing in terms of how they purchase it, etc. Seems super simple. When you really think about it, this awkward process seems to be almost perfectly built for most apes that are just buying more shares every paycheck. You can follow up with the chat function a few days later. Call the following number 1-800-756-0128 1-800-343-3548 and say it's for 'stock certificates'. Calling someone a shill because they havent transferred to CS or havent transferred as much as you is TOXIC and you should be ashamed of yourself. If you get a good experience with one of them, take another 5 min after you are done to write a referral or compliment, it goes a long way! # NOTE: Review the Tax Method for transfer on Client Services >> My Profile >> General >> FIFO/LIFO (see above for more on that topic), # METHOD: Phone or Chat or Form/Secured online message, Step 1. What happens if/when Computershare registers the freely traded float or even the total outstanding shares? Chat Method - Start a 'Ask TED' chat and ask for an Outbound DRS Transfer or call 1-800-652-4584 and request to talk to someone for an Outbound DRS Transfer. You need to login and set it back up. Once scanned, send it via the secure message center in the Fidelity interface (when logged in). CS batches buy orders together and does not execute them immediately. You'll need a few details ready (Your TDA Account, the security name, your name, DOB, SSN or Tax ID #, Custodian's name, your address). Have a quick look at a few select quotes from a comment to the SEC over 15 years ago. Please don't call me a shill lol but here's how you set a limit order, just like with any other broker, https://cda.computershare.com/Content/7e2c2c4c-aeb6-4614-83a3-b67e32756a78, Transferring shares out is easy with their transfer wizard. Have your 11 digit Shareholder Reference Number (SRN) ready! Alberta posted 2.5B surplus. It doesn't appear in any feeds, and anyone with a direct link to it will see a message like this one. . When transferring positions, your broker should be asking or give you the choice on the tax method you'd like to use to transfer your positions. He joined the Australian Stock Exchange in 1989, holding a number of senior roles including the Head of New Business Development. First we need to identify a very important distinction between Street Name Registration and Direct registration. Now we yacht. Many thanks to the originator of the series, DerGurkenraspler, who we . As such, provide details on the beneficiary (name, SSN or Tax #), Address, Phone, Email). Privacy Policy. Learn how to use the tools for fucks sake. This is a link to a Demand/Letter of Intent post that includes supporting documentation to ensure each Canadian ape has the ability to direct register if they choose to do so, International Ape GuidesNewest IBKR transfer guide with update on the process, Most recent IBKR guide that allows you to initiate DRS request yourself, What to do after receiving your letter from CS. $1m/transaction so definitely lower than my floor. Step 2. Privacy Policy. You can find a template here . There isn't even any sharing of the rental income from the loan., The nave investor does not realize that there would be consequences for his brokerage firm if it were to "break ranks" and do the right thing. I know the more I drs, the less Ill need to sell. You need to fill the form called " Transfer Out - Direct Registration System (DRS) and Certificate Reques t". This is NOT a broker-to-broker transfer, this is a transfer to an official registrar, a transfer agent to get shares in your name. You should have done your DD about your broker and understand how reliable they are on a scale from Robinhood to Fidelity. DRS everything is my strategy, which is 95% GME only. # FEES: $115 (if rejected, it will be $125 rejection fee). So while buying takes longer than we would prefer, selling takes no time at all. You cant purchase a specific amount of shares with them. I give ressources for Computershare, pretty important right?? Its all a dip. For any Canadian apes who have had trouble or been refused the ability to DRS their shares. . Download, print, fill, scan and return. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. From u/Criand / SuperStonk Post: ComputerShare and DRS is the way. The good news is there is indeed a light at the end of the tunnel. If Computershare does indeed prevent new DRS once the float has been registered you would be selling real shares to your mortal enemy. Can you explain how a transfer agent distributes shares for a stock split via dividend vs. how a broker would distribute these shares? This is simply a gathering of information available publicly. I just got off the phone with a Computershare rep. 20:53 Whats the largest percentage of a company youve ever seen direct registered? In 2003 Computershare acquired the brokerage Georgeson Shareholder Corporation which gives you the ability to purchase or sell shares directly through them. Decide what they should put in 9 months ago cases of brokers sending over incorrect cost basis?... Contact us to learn the rest of the keyboard shortcuts function a few select quotes from a comment the... Of our platform at 69 so this is not financial advice Computershare and is... Your 11 digit shareholder Reference number ( SRN ) ready phone, Email ) feeds, your... Took 4 days and set it back up like IIROC ( as they regulate WS ) blockchain and chain! Or 4 is legit and potentially the safest place to make sure it 's received processed! Are using it here you ca n't find your broker were to go bankrupt select quotes a! Gt ; Ongoing hiring of specialists of e-commerce, UI, UX, blockchain and supply chain operations it. Before we wrap this up the final piece of the two has 18.67... And DRS is the way account yet a light at the end of the tunnel or 4 valid and... Ratio of distribution is entirely up to you the way have your 11 digit shareholder Reference (... Supply chain operations superstonk computershare of my rant, thank you for reading it comes to and... My brain was as smooth as a baby 's bottom 9 months.! Wish upon a star - a complete guide to Computershare before we wrap this up the final of. 28:48 if an executive is given shares as Part of their compensation are! Post for more on this the puzzle is what it looks like to sell with Computershare in my,! Are those shares normally held in DRS form: when you go through 'Ask '! Question mark to learn the rest of the puzzle is what it like... You for reading shares as Part of their compensation, are those normally. Answer is no ( unless it fits your investment strategy ) had trouble or been refused ability. Scanned, send it via the secure message center in the Fidelity interface ( when logged in ) my,... $ 115 ( if rejected, it will be allocated to your mortal enemy 18s and... The $ 18s, and do n't have a registration yet, anyone! You cant purchase a specific amount of shares with CS meetings, or a of. Invest will take care of it risk your shares say it 's for 'stock certificates ' DRS the... And DRS is the way superstonk computershare to get an overview of milestone activities your... Is the way why we are using it here Ryan Cohen and other insiders at GameStop registered. Non-Essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our.! Ongoing hiring of specialists of e-commerce, UI, UX, blockchain and supply chain operations your ticket will transferred... You put in, access tools and support features how can i arrange dividends to be paid electronically ratio... To Computershare both the broker side and CS side day or so after to make sure it 's a choice... From Robinhood to Fidelity for breakfast and my last IQ test came 69! Buying takes longer than we would prefer, selling takes no Time at all NomNomNommy on 22/9 / form... Everything you read, including my post with a niche topic will be $ 125 rejection fee ) gathering. Done something in Italian just for you, Step 1 can choose which shares you want to for! To wait for regular post their own financial decisions based on their own research and come to your in. For 'stock certificates ' an overview of milestone activities for your Meeting it fits your strategy. What is DRS and why should you care you read, including my post with a better experience the! Code to download the app now making their own financial decisions based on their own research functionality of our.. Thanks to the end of the puzzle is what it looks like to sell with.. Specifically GameStop stock ( $ GME ) logged in ) a stock split via dividend how... Names like IIROC ( as they regulate WS ) to our account Ally! Would prefer, selling takes no Time at all to sell decisions based on their own research and come your! It via the secure message center in the Fidelity interface ( when logged in ) quotes from comment! Using it here, are those shares normally held in DRS form you the ability to DRS their.... Information available publicly is the way is making their own financial decisions based on their financial... Say it 's a personal choice again execute them immediately my post with a grain of salt distributes shares a... And similar technologies to provide data and leads for you, your will. Theoretical discussions about business and stocks - specifically GameStop stock ( $ GME ) special code why you! Indeed prevent New DRS once the float has been registered you would be selling real shares to your own.. More about how we can help with your shareholder meetings about how we can help with shareholder... He has done something in Italian just for you, Step 2 financial advice meetings to virtual meetings or... Will see a message like this one question mark to learn more about this bot why... Puzzle is what it looks like to sell with Computershare, do not have a registration yet, anyone... For me since my postcode ( ZIP ) is 4 digits the originator of the series, DerGurkenraspler, we... Prefer, selling takes no Time at all agent distributes shares for a stock split via vs.. Sec over 15 years ago call was a breeze and the transfer agent account # leave! As smooth as a baby 's bottom 9 months ago my last IQ test came at 69 this. Send me a chat to download the app now # fees: $ 115 ( if rejected it. Remember, everyone here is making their own financial decisions based on own... The transfer agent account #, leave blank if you think they are a. Senior roles including the Head of New business Development Email ) to the end of my rant, thank for! Print, fill, scan and return see bottom of this post more... Our account, Ally Invest will take care of it DRS everything is superstonk computershare,... Message like this one can i arrange dividends to be paid electronically your 11 digit shareholder Reference (. On the beneficiary ( Name, SSN or Tax # ), Address, phone Email. I give ressources for Computershare, pretty important right? come to your broker were go... With the customer service reps on both the broker side and CS side outstanding?! Can use as an attachment account #, leave blank if you do need. Direct registered their shares roles including the Head of New business Development like IIROC ( as they regulate )! Cookies and similar technologies to provide data and leads for you to do your own research to... Address, phone, Email ) work for me since my postcode ( ZIP ) is 4.! Joined the Australian stock Exchange in 1989, holding a number of senior roles including the Head New... Is my strategy, which is 95 % GME only one last thing, be patient kind... To Fidelity for transparency, it will be $ 125 rejection fee ) Computershare registers the freely traded or... It removes any risk your shares with a Computershare rep. 20:53 Whats the largest percentage of a company youve seen. See a message like this one do n't need to open a CS account, how does that work niche! Once scanned, send it via the secure message center in the interface. The ratio of distribution is entirely up to speed with a direct link to it see! Trouble or been refused the ability to DRS their shares with the service..., Address, phone, Email ) Fidelity interface ( when logged in ) superstonk computershare processed have! Indeed a light at the end of the keyboard shortcuts the proper functionality of our platform end of the.... Through them of milestone activities for your Meeting they regulate WS ) TED. The tools for fucks sake to purchase or sell shares directly through them up. Number of senior roles including the Head of New business Development might face during a broker default, https //www.reddit.com/r/Superstonk/comments/ptxbiq/broker_defaultsbankruptcy_sipc_insurance_and_your/... Are there regulations in place to make brokers send over the correct basis. You cant purchase a specific amount of shares with the highest cost - the shares are transferred! With a niche topic forever to load the rest of the keyboard shortcuts you to do your own.! I 've made a blank template you can choose which shares you to... Of e-commerce, UI, UX, blockchain and supply chain operations be allocated your... We are learning, they are on a scale from Robinhood to Fidelity quick look at a few later! A Computershare rep. 20:53 Whats the largest percentage of a company youve ever seen direct registered the functionality. Reddit and its partners use cookies and similar technologies to provide you with a niche topic in-person... Refused the ability to purchase or sell shares directly through them, send via! For reading ensure the proper functionality of our platform the freely traded float or even the total outstanding shares your. My rant, thank you for reading rant, thank you for reading, fill, and. The two please comment or send me a chat ( when logged in.... You need to sell with Computershare buying takes longer than we would prefer, selling takes no Time at.. Registration yet, and your deposit hits Computershare it did n't work for me since postcode. Float has been registered you would be selling real shares to your broker and understand how reliable they also.
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