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Re: kermit42 post# 49002

Tuesday, 06/12/2007 5:24:41 PM

Tuesday, June 12, 2007 5:24:41 PM

Post# of 143047
kermit42 Thanks

I researched the German Exchanges quite a bit back in December for another stock. Going on memory, there are several levels regulated and unregulated markets there. There is one level of trading where market makers can simply begin to trade a stock. They don't need the company's permission or even knowledge--what PAIV describes is legitimate on that exchange.

A few years ago, the Berlin exchange had a big naked shorting scandal. I don't believe that's a current problem (at least no more than here).

EFGO did file for trading in Frankfurt and that seems to automatically mean trading on Xetra

http://boerse-frankfurt.com/pip/dispatch/en/pip/private_investors/home?active=overview&module=In....

but AFAIK, we do not trade in Berlin.