BROKERAGE firms that trade stocks in foreign markets Message Board

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Strategies & Market Trends : BROKERAGE firms that trade stocks in foreign markets

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To: peter michaelson who wrote (13)	4/20/1998 1:17:00 AM
From: Frank Xu	of 16

Peter The complete ADRs list is available at bankofny.com which I already mentioned in my first response to Jethro. The list is easy to get, the hard part is what to do with it. I am interested in your area of specialty (foreign closed funds) and want to learn more. May be we can learn from each other in a private forum. You see that in arbitration you are risking large capital for small gain, but the success rate is over 90% and the more volatile the market the better. It is far better than picking stocks. If too many people is doing what I am doing and follow the same stocks, the spread will get smaller. I am planning to develop tools to spot arbitration opportunities like the professional arbitrator and trade in an automatic fashion. Frank

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