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They have been listed for some time but are not tradable...only the ADR 🐴
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@Plossi wait and see, they have also been tradable at Finanzen Zero since October and both brokers operate via Baader Bank.
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@Der_Dividenden_Monteur What does one have to do with the other? Zero has a cooperation with UBS
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@cashwithhead Via OTC trading with our partner bank, Baader Bank, we offer fee-free trading in over 170 Swiss equities. We offer fee-free trading of over 170 Swiss equities via OTC trading with our partner bank, Baader Bank. Only standard market spreads apply.
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@Der_Dividenden_Monteur What is a normal market spread for shares that cannot be traded on any stock exchange in the EU?
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@Dividenden-Sammler I can answer that on Tuesday, when I can look it up on Finance Zero.
And why not on any stock exchange? They are only traded in Zurich, which doesn't have too much of an impact on liquidity 😅
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@Der_Dividenden_Monteur with the neobrokers that exist, the shares are missing out on millions of potential shareholders
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@Der_Dividenden_Monteur The shares can only really be traded in Zurich on their home exchange because Switzerland and the EU were unable to reach an agreement and these shares can therefore no longer be traded within the EU and are therefore difficult to obtain via a broker. You just need one where you can trade directly on the Zurich stock exchange (there probably won't be many) and on foreign stock exchanges it is usually more expensive than on German stock exchanges, if this is offered. So I can't imagine that you'll get the same spread with over-the-counter trading as you would on the stock exchange in Zurich - I don't know.
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@Dividenden-Sammler as I said, Tuesday I can attach a screenshot of the spread here
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@Der_Dividenden_Monteur the spread will not be large
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@Dividenden-Sammler As promised, picture of Zero is attached, with Nestlé.