Obtaining Pink Sheet Symbol for Foreign Listed Co.
I'd like to trade an Australian stock (listed on the ASX) that does not yet have a corresponding five-letter American ticker symbol.
I think I recall someone mentioning that they were with Etrade and it was a fairly painless process to get a five-letter trading symbol fairly quickly for a foreign-listed company. If you'd be kind enough, could you please re-post the process you had to go through and how easy/difficult it was? Any phone numbers or names of individuals at Etrade would be helpful too. (Or any broker who will do it, doesn't have to be Etrade.)
I have accts with Ameritrade and TDWaterhouse (same company now) and they want to give me an answer of they can't do anything. I know that's not true.
What I'm really interested in here is the *practical* way to get the five-letter symbol so I can trade the stock. I'm fairly familiar with all the theory (form 211 and all the exceptions, unsolicited bids, etc), but getting to someone who will actually do something is another story.
Bottom line is, I think I understand the rules better than my broker, and for a one-time trade they don't seem to be real excited about wanting to do any extra work.
Anyone who can offer any practical advice for getting the ticker symbol, your response would be appreciated. Thanks
