I believe share’s ISIN are same in all markets …I hope i’m right abt that. But I just checked a certain share which is listed in frankfurt n london both…but theres a major difference in prices …like if in frankfurt it was 1.92 Euros …in london the same ISIN was 124.60 BPC
Now first i want to know what does ‘BPC’ stand for??
And is it possible to have such a great difference…???
Thanks in advance!
Re: Some new questions
Nobody there to help???
Re: Some new questions
BPC is obviously not a currency unit. the difference cant be so big. maybe knowing what BPC will clarify this.
Re: Some new questions
are you able to give us the Stock's code which ur looking at ?
can't quite workout what BPC is....looking at the stocks might explain it thou.
CW
Re: Some new questions
btw, it is possible for same ISIN to be listed in different markets at different rates (with its unique market specific 'Ticker' code). It all depends on the volume of shares being traded in that Market and whether is listed in Primary, Secondary markets or listed with no volume of Shares.
Multinational company's Stocks are listed in different countries becuase their primary businesses would be setup (and running) in those countries. Hence, every market will work differently .
Re: Some new questions
thank you heaps CW
You've been a great help.
:)
Re: Some new questions
bpc is probably British pound. The British pound is much stronger than the euro. This would explain why one would pay less pounds than euros for a share.
regards,
bob