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How to buy Conduit Holdings (CRE.L) stock in Canada

Investors in Canada will need an international brokerage account to buy Conduit Holdings stock.

Conduit Holdings Limited
LSE: CRE - GBX
INSURANCE-REINSURANCE
p459.00
+ p8.00 ( + 1.77%)

Bermuda-based reinsurance company, Conduit (CRE.L), is now publicly available on the London Stock Exchange through its parent company, Conduit Holdings. Investors in Canada can buy Conduit stock with an international brokerage account.

Note: all dollar amounts on this page are in US dollars unless otherwise stated.

What we know about the Conduit IPO

On December 1, 2020, Conduit Holdings went public on the London Stock Exchange (LSE). Around 164.1 million shares were sold during the IPO, raising a total of $1.1 billion. Jefferies and Panmure Gordon were joint bookrunners and global coordinators of the deal.

Not much is known about Conduit’s financials. The company is led by Neil Eckert (Executive Chairman) and Trevor Carvey (Group CEO), both of whom have extensive experience in the insurance industry. Eckert is also the Executive Chairman of environmental commodities development company, IncubEx.

Can I buy Conduit Holdings stock from Canada?

You can’t buy Conduit Holdings stock on a Canadian stock exchange like the TSX or CSE. Instead, you need a Canadian broker that provides access to stocks sold on the London Stock Exchange (LSE). However, some Canadian brokerages don’t offer access to international investments at all or only provide access to a limited range of investment opportunities.

Interactive Brokers provides access to many stock exchanges around the world including the London Stock Exchange (LSE), New York Stock Exchange (NYSE), NASDAQ, Toronto Stock Exchange (TSX), Hong Kong Stock Exchange (SEHK), Korea Stock Exchange (KSE), National Stock Exchange of India (NSE) and Frankfurt Stock Exchange (FWB).

The process of buying stocks listed on international exchanges is basically the same as buying stocks in a Canadian company. You buy and sell using your online trading account or through an investment broker who handles international stocks.

How to buy international stocks in Canada

How to buy Conduit Holdings stock

You need an international brokerage account to invest in Conduit Holdings. Here’s how it works:

  1. Compare share trading platforms. If you’re a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Conduit. Find the stock by name or ticker symbol: CRE.L. Research its history to confirm it’s a solid investment against your financial goals.
  4. Purchase now or later. Buy immediately with a market order or use a limit order to delay your purchase until Conduit reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. your budget against a diversified portfolio that can minimize risk through the market’s ups and downs. You may be able to buy a fractional share of Conduit, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Conduit. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Access international stock exchanges (including the LSE)

To buy stocks, you’ll need to open a brokerage account. Compare your options using the table below to find the best fit for you.

Note: The dollar amounts in the table below are in Canadian dollars.

Name Product Available Asset Types Stock Fee Option Fee Account Fee ETF Transaction Cost Feature Table description
Interactive Brokers
Stocks, Bonds, Options, ETFs, Currencies, Futures
Min. $1.00, Max. 0.5% of trade value
$1.50 min. per order
$0
Min. $1.00, Max. 0.5% of trade value
Extensive trading capabilities and global investment tracking.
Access market data 24 hours a day, six days a week and invest in global stocks, options, futures, currencies, bonds and funds from one single account.
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Compare up to 4 providers

Online stock trading
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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