I want to trade options on a stock that is listed on the London stock exchange. Ameritrade and E-Trade don't offer such a service. Do I have to open an account with a brokerage based in a foreign country or what? If so, can you recommend such a brokerage? Thanks.
2006-08-04 10:49:52 · 5 answers · asked by Robert 2 in Business & Finance ➔ Investing
You are not completely out of luck, though for the life of me I do not know why you would want to do this other than maybe a play on the drop in the value of the dollar.
Here are some of your options.
Buy options on foreign etfs. Here are some examples
EWJ the Japan index fund has options
EEM emerging markets index fund has options
EWZ Brazil market index fund has options
IEV Europe market index fund has options
ILF Latin America market index fund has options but they are not traded much.
The rest of the index funds do not have enough liquidity.
There is also the option of trading options on foreign stocks traded in the U S markets.
For example CHL has options.
SAY has options
and many others.
2006-08-04 12:23:15 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Trading Options
By: Alexander Chong
2006-08-05 23:27:10 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You can open an account with Interactive Brokers in the U.S.:
http://www.interactivebrokers.com/
2006-08-04 19:25:51 · answer #3 · answered by NC 7 · 0⤊ 0⤋
Try Barclays, they have brokerage guys.
2006-08-04 17:55:22 · answer #4 · answered by The Advocate 4 · 0⤊ 0⤋
You're better off not knowing...unless you are compelled to lose all
your money. It would be less painless if you just donated all your
money to charity.
2006-08-04 18:25:24 · answer #5 · answered by gardenpartygirl 2 · 0⤊ 1⤋