Moneyextra.com
- Our Online Buys
- Get a Loan
- Get a Credit Card
- Get a Mortgage
- Cheap Car Insurance
- About Us
- Contact Us
- My Portfolio
-
Money News
- Finance Features
- News Feeds
- Guides
- Dictionary
Stock Exchange-Secondary Listing
Additional Services
- Company Reports - get free company reports here!
- Stocks & Shares ISAs - look for the best ISA online
- Insurance - need home, travel or car insurance?
Stock Exchange-secondary listing. Companies can, and often are, quoted on more than one stock exchange.
So for example, BT may have its main listing in London but also have a secondary listing in New York. A company may choose to list in additional centres as a way of raising its profile in that country.
Often, foreign companies will secure a listing on Wall Street through an American Depository Receipt (ADR) - a mechanism for US investors to hold foreign shares.
There are a number of leading foreign companies who have secondary quotes in London although the volume of trading in these companies is often very low.
See our guide to stockmarket investment. Looking for a stockbroker ? Daily Business Report.
Stocks & SharesSee Also: Stockmarket Centre
Last Updated: May 2008 © Moneyextra.com
MoneyExtra.com recommends you should consider taking independent financial advice before acting on any article. Please contact us for help with your individual circumstances if any assistance is required.