SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INTEL TRADER
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Harton who wrote (8513)6/7/2000 11:55:00 PM
From: smolejv@gmx.net  Read Replies (1) of 11051
 
<a poster mentioned that he had a stock position ... in DM>

this is original, uncut BS. There is no local currencies anymore in Euro stock markets. Everything everywhere (within the euro members) is traded in euros. Nokia in Helsinki same as BMW in Munich or Generali in Rome. What possibly the poster meant, is that he bought something german (lets say Mannesman or whatever) and he can say either

o - "hey, look euro is rising and my position is doing even better than expected" or
o - "darn, euro is falling some more, but dont forget it's a german position".

<trade .... all in Euros (for purposes of easy cross exchange trading)???> Thats the whole idea. The replacement of local currencies started in financial environment first - I think about a year ago - Stocks n Bonds, financial reporting, interbank trading etc. In a year the little man in the street follows - we're now getting primed to think in eu also, price stickers etc -.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News