Question:
Anyone have any inside knowledge of the new deal between NYSE/Euronext? Will USA resident investors be able to open foreign accounts (without setbacks) directly on foreign stock markets BEFORE this is finalized? Or will they have to wait years to be able to trade on those markets?
Answer:
There is nothing stopping you trading on the main European markets right now. Most big US brokers offer international trading. The fact that you're a foreign national doesn't stop you opening a foreign currency account with a London or Paris based broker. What this merger is likely to do is bring down the cost of international trading.
Ironically I've opened accounts in Europe, London and New York and the US one was far and away the most complex process. Far more pointless paperwork.
You can trade on those markets right now.
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