how do i buy and sell shares in nasdaq?

Question

i saty in india and i want to do an online trading in nasdaq , i do not have any social security no ,, but i pay my taxes and have proof for it ,, how do i buy and sell from india

Answer 1

Assuming you want to invest in NASDAQ Stock Market Inc,; simply buy shares in it from your brokerage, the ticker is "NDAQ"
If you want to invest in NASDAQ as in the Index. You would have to buy an index mutual fund or an ETF. (e.g., Fidelity Nasdaq Composite Index Fund)

Answer 2

Go to an on-line brokerage site like ETrade, or Scottrade, etc., or do a search (something like"India on-line broker NASDAQ") for a broker near you. Most if not all U.S. Brokers require a minimum $500 to open an account and a Social Security Number. Why no S.S. number? Do they give them out in your country? If they don't you might be able to open an account using another type of ID. I would e-mail the broker(s) and see if you can use some form of Government ID or ID number, or maybe using a photocopy or the number on your passport. If they do (have S.S. numbers in India) than I would say you're SOL ( i.e. not going to be able to get a broker and buy shares on the NASDAQ Market).

Answer 3

INVEST ONLINE IN INDIA

http://www.thehindubusinessline.com/iw/2006/10/29/stories/2006102900891000.htm

Answer 4

Depends on the stock and how many shares you want to sell. But ultimately, yes, you need someone to buy them. This normally isn't a problem unless the stock is illiquid (not many buyers or sellers available). So if you're talking about something like Apple or Disney or Nike, you're fine... if you're talking about a penny stock, you could have a problem.

Answer 5

TD Ameritrade.

Answer 6

find an indian on-line bank...duh!