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this post was submitted on 23 Feb 2024
835 points (96.9% liked)
Mildly Infuriating
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It's just good to get something in this website for casual viewing whilst refreshing original content is added overtime.
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Should have picked Harassment. Selecting Spam does nothing.
I'd pick prohibited transaction. I live in AU. NYSE won't let me trade there.
Either that or "hate" - all redditors can get involved, but not you because you are not from the US. Sounds like communism.
'Sounds like communism'
Show me people who don't know what communism, Alex
You can trade on the New York Stock Exchange in Australia. I trade foreign stock exchanges all the time.
It’s a bit more complicated… you trade through a broker with trading rights on that exchange. Unless you are a power user on a bloomberg terminal.
Reddit could direct sell shares to a US resident, I’m pretty sure, as a first party sale.
Why would you want to do that. Unless you are trading massive amounts of money, it’s more practical to just use an online broker.
That's exactly how people in the US trade also!