What is the CIBC Investor Services Inc. Credit Policy?
CIBC Investor Services Inc. (Investor Services) Trading Policy First Trade Rule First Trade or No “Total Market Value” within the account. For your trade to be accepted electronically, there must be sufficient cash in your CIBC Investor’s Edge account to cover the entire purchase price (including commissions). If there is sufficient cash, please select the “Use Cash/Margin” settlement option. If there is insufficient cash in your CIBC Investor’s Edge account, you must arrange for a “Deposit Acceleration” to cover the entire purchase price. Simply contact your CIBC bank branch representative and request that your bank account be debited for the appropriate amount and that these funds be forwarded via “Deposit Acceleration” to your CIBC Investor’s Edge account. The branch representative will provide you with an Electronic Journal (EJ) number corresponding to the transaction. Once this has been arranged, please contact CIBC Investor’s Edge at 1 800 567-3343 (Option 3) who will place a not