I'm looking to buy into MTY Foods, a Canadian stock (MTY.TO).
However I'm French and if I were to buy it on the TSX it would cost 43 euro per order (ouch) and I have to do it by phone.
The only thing I can buy is what seems like the equivalent of this stock, listed on the Frankfurt stock exchange. But I'm not sure what that is exactly, as far as I understand it seems to be some kind of equivalent of the stock, currency adjusted? (the current CAD price matches the current EUR price). But what's weird is I can't see any buyer or seller like I can on "normal" stocks. http://ift.tt/2xiCd4r
Anyway I'm pretty sure this is equivalent to buying the stock on the TSX but I'd like to understand what this is exactly and how it works. Also are there any downsides to buying the Frankfurt-listed counterpart? Any insight would be greatly appreciated.
Submitted August 25, 2017 at 07:14AM by Dotald_Trump http://ift.tt/2w3RHdQ