Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: ....ECA.to/ Haligonian
In Response To: Re: ....ECA.to/ Haligonian ()

Hi Big Knight, lol...

Sorry to say, but you are a little confused on the subject.

You are simply stating the obvious, that the variation in price for ECA between the two exchanges comes from the movement in the Canadian dollar versus the greenback.

That is what happens each and every trading day of the year for duel listed stocks. If the Canadian dollar moves lower tomorrow you'll see the opposite effect of course. But the point you've missed remains...the U.S. side leads, and the Canadian side will adjust its trading interday via arbitrage to reflect the prevailing exchange rate at any given moment.

Got it? ;)

Messages In This Thread

Re: ....ECA.to/ Haligonian