from http://apnews.myway.com//article/20070220/D8NDE9680.html
NEW YORK (AP) - E-Trade Financial Corp. (ETFCP) on Tuesday unveiled a global trading platform that makes it the first U.S. discount brokerage to give customers the ability to trade foreign-listed stocks online. The pilot project, which begins with 1,000 E-Trade customers this week, allows them to buy, hold and sell stocks in Canada, France, Germany, Hong Kong, Japan and Britain. The rollout is expected to take two months before all customers have access, and could one day expand to 42 international markets. ..... --- My impression is that shares listed on the Indian exchanges now trade at a significant discount to how they would trade were they listed on NASDAQ or NYSE. I expect the online brokerages allowing people to trade Indian stocks will do alot to remove this and make going public here very attractive for many companies looking to raise capital. Especially since the listing requirements are lower than NASDAQ. freeman
