auckland
16-09-2013, 09:51 PM
Hi all
Have done some searching on the internet but still don't quite understand this, so am hoping someone experienced here might be able to explain it for me!
I have some Australian shares but am interested in purchasing a few NZ shares. I have a margin loan in Australia, so it would be easier for me to purchase shares on the ASX, and the ones I am potentially interested in are cross listed (think this is the correct term).
Are there any differences (benefits / risks) in purchasing NZ shares on the ASX - e.g. Z energy is listed on both exchanges? From what I've read, the prices should pretty much stay in sync across the exchanges, but would there be any other problems if I bought them on the ASX rather than the NZX? Could there be issues with volumes etc...?
Many thanks in advance,
Allan
Have done some searching on the internet but still don't quite understand this, so am hoping someone experienced here might be able to explain it for me!
I have some Australian shares but am interested in purchasing a few NZ shares. I have a margin loan in Australia, so it would be easier for me to purchase shares on the ASX, and the ones I am potentially interested in are cross listed (think this is the correct term).
Are there any differences (benefits / risks) in purchasing NZ shares on the ASX - e.g. Z energy is listed on both exchanges? From what I've read, the prices should pretty much stay in sync across the exchanges, but would there be any other problems if I bought them on the ASX rather than the NZX? Could there be issues with volumes etc...?
Many thanks in advance,
Allan