Morley Conn

The same applies to Remembrance Day when the Canadian bond market is closed.

Just stay away.

Those are better days.

You want the best and most efficient price discovery in whatever security you're trading.

So don't do it on days when markets are in holiday mode.

because you're going to get a holiday mode price.

I also would stay away from the first 20 to 30 minutes of the market opening.

And I would also stay away from the 20 to 30 minute close.

These are messier periods of time.

In particular, that opening is when market makers are still trying to figure out where these ETFs are with all their various underlying securities.

And pricing can be all over the place.

You could maybe get a deal, but you more often than not will not.

And so you are better off to let the dust settle.

Market opens 9.30, look at the market 10 o'clock afterwards.

So those are definitely factors that people should take into consideration.

Investment advisors certainly could.

It would be a little bit more challenging for a DIY, do-it-yourself investor, direct investor, replace that trade.

Don't know if it's impossible, but technically right now, I think it would be a bit of a challenge.

We certainly do them for investment advisors.

One of our biggest clients is our investment advisor network guys.