How can I buy stock that is listed on ASX (australian xchng) ..?

masmdu

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Fri Apr-08-05 11:40 AM
Original message

How can I buy stock that is listed on ASX (australian xchng) ..?

I have etrade and ameritrade accounts and don't want to open any additional accounts ( ie Australia Etrade etc.)

Any ideas?

TIA

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Extend a Hand

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Fri Apr-08-05 11:46 AM
Response to Original message

1. I think, some stocks traded on non-us exchanges

Edited on Fri Apr-08-05 11:48 AM by sad_one

are traded as an ADR(American Depository Receipt) on us exchanges. For example Embraer, a Brazilian jet manufacturer is traded on the NYSE as ERJ.

edited for spelling

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On the Road

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Fri Apr-08-05 11:56 AM
Response to Original message

2. I Believe Sad_One is Correct

What stock is it, if you don't mind my asking?

You could also just call Ameritrade. They have pretty decent customer service.

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masmdu

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Fri Apr-08-05 12:01 PM
Response to Reply #2

3. evm

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On the Road

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Fri Apr-08-05 12:21 PM
Response to Reply #3

4. Envmission? (EVM.AX?)

Couldn't find out too much. Australian Yahoo has a more primitive finance section and there didn't seem to be a corporate website or ADR listed anywhere on either source. I see why you're having problems. Couldn't bring it up on Ameritrade, either, but they're probably the best source on what you can trade. Good luck.

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