By using this site, you agree to our Privacy Policy and our Terms of Use. Close
sethnintendo on 16 February 2012
Edit Thread
Ail said:
sethnintendo said:
Ail said:


Depends if they quote the variation on the Nikkei or the Dow ( Nintendo is quoted in the US too).

 


I am still confused on this. When looking up Nintendo they have the Japan and USA quotes or whatever.  I was always confused about this setup.  Say I wanted to buy Nintendo stock from the USA.  I would buy it on the Nikkei right or is there another option?

The primary market is the Nikkei in Japan.

However they have what you call ADR in the US which are American deposit receipt.In practice they allow you to buy and sell japanese shares of Nintendo on the Dow without having to worry about change rate.

The only drawback is the lower volume.

Here are more explainations :

 

http://www.investopedia.com/university/adr/adr1.asp#axzz1maSEac4i

Ah okay I get it better now. It actually isn't that difficult to understand it is just a little weird to a newbie investor.