Agent641@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 2 years agoReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last yearlemmy.worldimagemessage-square106fedilinkarrow-up1813arrow-down127
arrow-up1786arrow-down1imageReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last yearlemmy.worldAgent641@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 2 years agomessage-square106fedilink
minus-squareKoalaUnknown@lemmy.worldlinkfedilinkEnglisharrow-up5·2 years agoYou can trade on the New York Stock Exchange in Australia. I trade foreign stock exchanges all the time.
minus-squarebradorsomething@ttrpg.networklinkfedilinkEnglisharrow-up1·2 years agoIt’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.
minus-squareFog0555@lemmy.worldlinkfedilinkEnglisharrow-up2·2 years agoThat’s exactly how people in the US trade also!
minus-squareKoalaUnknown@lemmy.worldlinkfedilinkEnglisharrow-up2·2 years agoWhy would you want to do that. Unless you are trading massive amounts of money, it’s more practical to just use an online broker.
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.
That’s exactly how people in the US trade also!
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.