You would probably need to open a global stock trading account with E*TRADE to buy shares of Climate Exchange (London: CLE). Many of the smaller ex-US stocks don't trade often or at all even if you find a pink sheet ticker such as CXCHY.
However, while E*TRADE offers investors the opportunity to invest in foreign markets such as London and others; my own experience with this system is disappointing. First, strength in the US Dollar will impact investment returns since trading in the foreign markets only occurs in the local currency. Secondly, in my experience I was not able to place a trade online for the stocks and foreign markets that I attempted to place and had to call a broker for assistance, but he entered the order wrong and it was never filled. Finally, the currency conversion does not carry a commission, but you will not receive a favorable rate; so E*TRADE makes money on the spread between the real-time currency conversion ratio and what they offer to retail investors.
Since I no longer use my E*TRADE global account, I wrote the following article for a trading strategy for carbon credit companies: mikehav.blogspot.com/2...
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You would probably need to open a global stock trading account with E*TRADE to buy shares of Climate Exchange (London: CLE). Many of the smaller ex-US stocks don't trade often or at all even if you find a pink sheet ticker such as CXCHY.
Aug 19 18:09 pm
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All Comments by Mike Havrilla »Climate Exchange: Uniquely Positioned to Benefit Carbon Credit Trading Expansion [View article]
However, while E*TRADE offers investors the opportunity to invest in foreign markets such as London and others; my own experience with this system is disappointing. First, strength in the US Dollar will impact investment returns since trading in the foreign markets only occurs in the local currency. Secondly, in my experience I was not able to place a trade online for the stocks and foreign markets that I attempted to place and had to call a broker for assistance, but he entered the order wrong and it was never filled. Finally, the currency conversion does not carry a commission, but you will not receive a favorable rate; so E*TRADE makes money on the spread between the real-time currency conversion ratio and what they offer to retail investors.
Since I no longer use my E*TRADE global account, I wrote the following article for a trading strategy for carbon credit companies:
mikehav.blogspot.com/2...