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Ticker and name of the company


Guest Britcoin

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Guest Britcoin

Hi,

What's the difference between two tickers of the same company? For example, there's Kinross Gold Corp (CA) and Kinross Gold Corp.

"CA" stand for Canada, or California, or what? And is it the same company, not two separate ones, right? If so, which is the main one?

Thank you!

 

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the same stock can be listed on different exchanges across the world. For example Apple has a main listing in America, but it also has a listing in germany and therefore will come up with Apple (DE). It's a way for investors to trade on the stock in their local currency, and although they are separate investment vehicles (i.e. priced independently) they are still highly correlated as they relate to the same company. 

In this instance CA refers to Canada. You can see the different listings by double checking in a third party search engine, for example Google Finance.  You'll see TSE, SWX and FRA. 

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Guest Britcoin

Thank you, that's clear now. That means it's basically irrelevant which one you buy, as long as it's one company. The only thing to consider is the FX rate if you buy Apple in Eur, as you say, I guess.

One more: when you click to buy let's say Apple, you actually buy a share or a CFD?

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Guest PandaFace

I mean, really they are technically the same company but for absolute clarity it’s worth noting they are HIGHLY correlated - but not the same ;) semantics I know...

on a share dealing account you buy a share. On a CFD account you are buying a contract on the difference in price.

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