On Fri, 2003-01-10 at 05:18, Herbert Thoma wrote: > There are stocks that are listed at more than one exchange. I can buy shares > of Siemens in Frankfurt for EUR and sell them in New York for USD. > (This is no ADR, it's really dual listing) >
When you buy/sell stocks like that, how do you currently account for them? I.e., how do you deal with the same stock on different exchanges in different currencies (looking for current actual practice here)? How would you *like* to account for them? My thought was that, for reporting purposes only, accounts of different currencies could get converted on the fly to your home currency via an exchange rate dialog (or automatic determination via pricedb, maybe). Similar to getting up-to-the-minute quotes for current-value statements... -- Matthew Vanecek perl -e 'print $i=pack(c5,(41*2),sqrt(7056),(unpack(c,H)-2),oct(115),10);' ******************************************************************************** For 93 million miles, there is nothing between the sun and my shadow except me. I'm always getting in the way of something...
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