Q: NEO-L
Duane recently had a question about Amazon being available to purchase on NEO-L. I don't understand what is involved here; can you pls describe how such CDRs work. I do not know even where / how to purchase them. Also, I am concerned with liquidity; on their website they state "CDRs will reference highly liquid global shares that trade on major exchanges around the world. Generally speaking, where the underlying shares has a high trading volume, the corresponding CDR is expected to have a high degree of liquidity.".
Will shares (units?) be easy to sell if one wants to dispose of a position? I believe these will make otherwise high priced stocks available to small investors. Can you think other advantages or disadvantages to buying? Last any other source of info you can point me to? Many thanks for your excellent service
Duane recently had a question about Amazon being available to purchase on NEO-L. I don't understand what is involved here; can you pls describe how such CDRs work. I do not know even where / how to purchase them. Also, I am concerned with liquidity; on their website they state "CDRs will reference highly liquid global shares that trade on major exchanges around the world. Generally speaking, where the underlying shares has a high trading volume, the corresponding CDR is expected to have a high degree of liquidity.".
Will shares (units?) be easy to sell if one wants to dispose of a position? I believe these will make otherwise high priced stocks available to small investors. Can you think other advantages or disadvantages to buying? Last any other source of info you can point me to? Many thanks for your excellent service