Let's say if I purchase a share that is both listed on TSX and NYSE. Is it possible for me to buy on one of the markets and sell it on the other?
The reason I am doing this is to avoid currency exchange fees. Is there any downside to this?
Personal Finance & Money Stack Exchange is a question and answer site for people who want to be financially literate. It only takes a minute to sign up.
Sign up to join this communityYes it is known as "Journaling". If your broker supports it and that the two shares are of the same class, it can save FX fee.