Danish Stock Exchange
One need not even know how to speak Danish to become an integral member of the Danish stock exchange. Don't be fooled, though--knowing the language is a definite advantage for a business or investment firm seeking involvement in a foreign market. Before considering investing, it would be wise to consult other, more experienced traders in the foreign market of your interest in order to be more aware of the workings of that particular stock exchange. With the formation of the European Union (the EU) in the past few years, the EU has given rise to more--surprise, surprise--unified and open markets in Europe. Realistically, all an institution, business, or investment firm needs is an European passport from a country that is a member of the EU. And it has become even more easily accessible to those not living in Denmark--it might surprise you to learn that a physical presence in Denmark for any Danish stock exchange isn't even required! Of particular interest to investors is the Copenhagen Stock Exchange. The Copenhagen Stock Exchange says it is a limited liability company with its traders holding over half of its shares (60 percent), bond issuers holding 20 percent, and share issuers holding the remaining 20 percent. Interestingly enough, the Danish Stock Exchange also notes that security training does not have to take place on the stock exchange, and also adds that competition sets the prices and fees of the Exchange. The Copenhagen Stock Exchange Services are available starting at 9:00 AM and closing at 3:00 PM; however, that time is set in an European time zone, and investors should be aware of the time difference. The stock exchange also allows investors to trade electronically through the Match System, the Accept System, the Interest System, the Information System, the Reporting System, and the Electro-Broker system, says the company, adding that the electronic system was introduced in 1987 when the "trade floor" practice was deemed unnecessary. Like the New York Stock Exchange and other stock exchanges, Danish stock exchanges like the Copenhagen Stock Exchange publishes quotes each day at the end of that trading day as well as pertinent information about the previous day's activities.
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