Trading stock or options on the London exchange?

Discussion in 'Stocks' started by apalmer, Dec 30, 2005.

  1. apalmer

    apalmer

    I am interested in trading a stock on the london exchange, options if available, however do not know how to go about doing so. The ticker symbol is PRTY.L, PartyGaming. Can someone please offer advice as to how to go about trading this stock through optionsxpress. Is it possible? Thanks.
     
  2. apalmer

    apalmer

    I am in the united states, in chicago. Is there any way I can trade this stock without them having a ADR because the company is listed on the london exchange?
     
  3. LSE is not exactly ''trader-friendly''.
    They have 1/2 % stamp-duty tax on transactions.
    Looks like you may need to open an acct with an English/European broker.
     
  4. apalmer

    apalmer

    Could you please recommend a good online discount english broker? How do I find out more information about trading a stock on the exchange?
     
  5. Good luck, Some UK brokers are in a time warp. One asked me for a letter of reccomendation from my bank, like we were back in the 1930's and a bank was something that employed people rather than being a mainframe computer.
     
  6. You got to be kidding me! The more things change, the more they stay the same. I remember trying to open a checking account in the UK back in the early 90s... The bank asked me for "references" just to open an account... I did not realize their brokers just as "progressive" :)
     
  7. Chagi

    Chagi

    Reminds me of one of the Canadian brokerages, their app form asks for a "bank reference" as well. I'm not sure how things are in the US, but in Canada we have had some fairly stringent privacy legislation rolled out over the past few years. So even if I provided my bank's name on the app form, I doubt that the bank would release any info about me (without direct permission from me).