17:34
do we get a wave tmr
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LSDefine
Simple English definitions for legal terms
dual listing
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A quick definition of dual listing:
Dual listing is when a company's stock is listed on more than one stock exchange. This means that people can buy and sell the company's stock on different stock exchanges. It's like having your favorite toy for sale in two different stores. It gives more options for people to buy and sell the stock.
A more thorough explanation:
Dual listing refers to the practice of listing a security on more than one stock exchange. This means that the security is available for trading on multiple exchanges, giving investors more options for buying and selling.
- Company A is listed on both the New York Stock Exchange and the London Stock Exchange. This means that investors can buy and sell shares of Company A on either exchange.
- Company B is only listed on the Tokyo Stock Exchange. This means that investors who want to buy or sell shares of Company B must do so on that exchange.
The examples illustrate how dual listing works. In the first example, Company A is listed on two exchanges, which gives investors more flexibility in trading the stock. In the second example, Company B is only listed on one exchange, which limits the options for investors.