2007-01-14 11:52:25 · 5 answers · asked by deerheadhotdogman 1 in Business & Finance ➔ Investing
sometimes a company can be found traded on the pink sheets. Look there first. Sometimes they are traded as ADRs on American exchanges. Other than that I do not know.
2007-01-14 12:36:31 · answer #1 · answered by Anonymous · 0⤊ 0⤋
If the company has an ADR (American Depository Receipt) then it's simple to buy it from an American brokerage firm. If not, you will have to ask the brokerage if it has access to the exchange you want to use. If it doesn't and you can't find one that does, then you'll have to go to the country where it's traded and find a brokerage firm there that trades the stock and is able to work with foreigners, and if it does, then you also have to meet whatever regulations the country there has on international investors. For countries like India and China, it's nearly impossible to get qualified by the government to invest.
Good luck!
2007-01-14 14:56:11 · answer #2 · answered by aaronchall 3 · 0⤊ 0⤋
saxobank.com trades on 18 exchanges. The problem is they all change cash (after sell) into dollars, so there is currency risk or currency conversion cost. The only way to trade a foreign exchange traded stock that I know is to open a account with brokerage in that country, however like US each country requires some type of TIN (Tax ID number). I am still researching for countries such as Singapore that do not have capital gains therefore may not require Tax ID number. If you find the answer to your question, let me know. Thanks.
2007-01-14 22:57:17 · answer #3 · answered by pickinurbrains 1 · 0⤊ 0⤋
1) Open a brokerage account.
2) Place an order to buy the shares.
2007-01-14 17:25:03 · answer #4 · answered by Anonymous · 0⤊ 1⤋
find a brokerage firm that can trade international securities.
2007-01-14 13:47:23 · answer #5 · answered by nickfromct 3 · 0⤊ 0⤋