Knightsbridge Posted May 13, 2008 Share Posted May 13, 2008 Any thoughts on this ETF index? Will there be less risk as they say? Link to comment Share on other sites More sharing options...
dotcom Posted May 13, 2008 Share Posted May 13, 2008 Need more details. What is the symbol? What exchange does it trade on? There are already Energy ETF's trading on Wall Street. Link to comment Share on other sites More sharing options...
Knightsbridge Posted May 13, 2008 Author Share Posted May 13, 2008 Need more details.What is the symbol? What exchange does it trade on? There are already Energy ETF's trading on Wall Street. It will be under the SET 50 don't know the code name yet Would ne nice to trade the Wall St ETFs, just the problem of having a valid address in the US... Link to comment Share on other sites More sharing options...
PCA Posted May 13, 2008 Share Posted May 13, 2008 Would ne nice to trade the Wall St ETFs, just the problem of having a valid address in the US... Why do you think you need a valid address in the US? You can open a trading account online anytime and trade all US markets. Link to comment Share on other sites More sharing options...
lannarebirth Posted May 13, 2008 Share Posted May 13, 2008 (edited) I'm about one day away from a buy signal on DUG FWIW. Is that the kind of ETF you're talking about? Edited May 13, 2008 by lannarebirth Link to comment Share on other sites More sharing options...
jbaldwin Posted May 13, 2008 Share Posted May 13, 2008 I beleive that the OP is referring to the plan the launch a second Thai ETF, which will track the Energy sub-group of the SET50 index (ie the following 9 companies BANPU, EGCO, GLOW, IRPC, PTT, PTTAR, PTTEP, RATCH and TOP) By international stardard this will be a highly unusual ETF because: 1) It will track an index of only nine companies 2) PTT and its subsidiaries (PTTAR, PTTEP and TOP) will represent a majority of the weighting of the index. Link to comment Share on other sites More sharing options...
Knightsbridge Posted May 13, 2008 Author Share Posted May 13, 2008 Would ne nice to trade the Wall St ETFs, just the problem of having a valid address in the US... Why do you think you need a valid address in the US? You can open a trading account online anytime and trade all US markets. Oh really? and what about bank account - doesn't that have to be in the US? Or can you just open up an online cash account? any reccommended brokers that are quality and don't cost the earth? Is Schwab good? sorry to fire these questions.... Link to comment Share on other sites More sharing options...
PCA Posted May 13, 2008 Share Posted May 13, 2008 (edited) Would ne nice to trade the Wall St ETFs, just the problem of having a valid address in the US... Why do you think you need a valid address in the US? You can open a trading account online anytime and trade all US markets. Oh really? and what about bank account - doesn't that have to be in the US? Or can you just open up an online cash account? any reccommended brokers that are quality and don't cost the earth? Is Schwab good? sorry to fire these questions.... Interactivebrokers.com, Thinkorswim.com are 2 good and reliable brokers. Schwab is expensive so far I heard and their tradingfeatures are miles away from the 2 other mentioned. DUG by the way is an ETF Ultra Short Oil & Gas Pro Shares. Energies and in the ETF listed stocks rise brings DUG down and vice versa. Edited May 13, 2008 by PCA Link to comment Share on other sites More sharing options...
lannarebirth Posted May 13, 2008 Share Posted May 13, 2008 Would ne nice to trade the Wall St ETFs, just the problem of having a valid address in the US... Why do you think you need a valid address in the US? You can open a trading account online anytime and trade all US markets. Oh really? and what about bank account - doesn't that have to be in the US? Or can you just open up an online cash account? any reccommended brokers that are quality and don't cost the earth? Is Schwab good? sorry to fire these questions.... http://www.interactivebrokers.com.hk/en/main.php Link to comment Share on other sites More sharing options...
lannarebirth Posted May 13, 2008 Share Posted May 13, 2008 Would ne nice to trade the Wall St ETFs, just the problem of having a valid address in the US... Why do you think you need a valid address in the US? You can open a trading account online anytime and trade all US markets. Oh really? and what about bank account - doesn't that have to be in the US? Or can you just open up an online cash account? any reccommended brokers that are quality and don't cost the earth? Is Schwab good? sorry to fire these questions.... Interactivebrokers.com, Thinkorswim.com are 2 good and reliable brokers. Schwab is expensive so far I heard and their tradingfeatures are miles away from the 2 other mentioned. DUG by the way is an ETF Ultra Short Oil & Gas Pro Shares. Energies and in the ETF listed stocks rise brings DUG down and vice versa. Yes, DIG is long, DUG is short. Link to comment Share on other sites More sharing options...
Knightsbridge Posted May 13, 2008 Author Share Posted May 13, 2008 Thanks guys for the swell info on interactivetraders and thinkorswim - just opened up another fantastic trading avenue for me... well, here begins my US venture!!! Link to comment Share on other sites More sharing options...
lannarebirth Posted May 18, 2008 Share Posted May 18, 2008 I'm about one day away from a buy signal on DUG FWIW. Is that the kind of ETF you're talking about? Which failed. Link to comment Share on other sites More sharing options...
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