What is the difference between ACATS and ATON?

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If the other broker participates in the Automated Customer Account Transfer Service (ACATS) program, you can transfer your existing IRA to Interactive Brokers via ACATS. Under normal circumstances, the ACATS transfer should take between four to eight business days…

The Account Transfer on Notification (ATON) automates the exchange and confirmation of request for transfer and asset list details between the deliverer and receiver of account transfers. Only Canadian and U.S. stocks and options, as well as cash balances in CAD and USD, may be transferred between Canadian Brokers. The cash balances will not be converted upon transfer…

IBC would only facilitate an outbound transfer of registered accounts via ATON. ATON requests have to be initiated by the receiving broker electronically…

Canadian tax form figures are translated to the CAD equivalent irrespective of what you trade or what you have selected as your base currency…