Trading the same company across multiple markets?


8 0
Hi all,

I presume the shares of one company are not homogenous across multiple markets?

So for example, HSBC is trading on NYSE at $39.24, whereas on LSE it closed today at 625.30 GBX. Converting the latter into USD, the LSE price is $7.84, which is a much lower price than the NYSE quote.

Is there an arbitrage opportunity here? For example, buy HSBC shares on LSE and immediately sell them on NYSE?
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock