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Re: oldhamtrader post# 1323

Friday, 07/05/2013 11:22:34 PM

Friday, July 05, 2013 11:22:34 PM

Post# of 11618
By far, the majority of foreign equities trading in the U.S markets trade in the unlisted or otc market. Although I do not follow this particular security, and don't know whether it trades as an ADR, or ordinaries, my hunch is that its shares are unsponsored. Additionally, before a foreign company may apply for listing on a national market in the U.S., there are a number of certain minimum capitalization criteria which must be met. Finally, not all corporations even desire to be listed to begin with. GLTU.

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