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       Re: US vs UK trading

Hi ! This is on a slightly different topic:One difference between the 
UK and US stockmarkets are the "Splits" in the US and Rights and 
Bonus Issues in the UK (right?). Now I  know that in the US markets , 
splits are adjusted .i.e. prices before the splits are adjusted 
according to the split. My question is, how are the prices in the UK 
adjusted in the charts, for Bonus (and maybe Rights) issues? Bonus 
and Rights are applicable to many markets including the Sri Lanka 
Stock Market, the Best performing Asian Market for '97.

Thanks.

Rifki Sameem.

> At 03:29 PM 7/11/97 UT, Wolf Kettler wrote:
> >This may sound like an odd question, but it is not immediately obvious to
> me. 
> >I am currently trading exclusively on the London Stock Exchange (using 
> >MetaStock v6.0). I cannot act upon all the signals that I explore--not
> enough 
> >funds to use all hits, not enough time to analyse them all, not enough
> profit 
> >if the criteria are too narrow. Therefore, I am currently only looking at a 
> >subset of 350-odd (so-called "biggest") stocks. They are very easily 
> >identified because there are two indices, the FTSE-100 and the FTSE-250,
> that 
> >make up these stocks.
> >
> >I want to get more into US stocks now. Is there an equivalent way to
> create a 
> >similar group, without having to go through thousands of issues that I do
> not 
> >know? I am interested in the NYSE and/or AMEX and/or NASDAQ.
> >
> >Other question: I do not want to use a UK based broker for US securities. 
> >Their commissions for US dealing are too high and often they will take
> orders 
> >only when the US markets are closed--very odd. 
> >Can anybody recommend a "good" execution-only broker who also deals with 
> >foreign clients? 
> >What level of commissions should I expect? 
> >Could I normally expect to be paid interest (at attractive rates) on cash 
> >balances in my account? 
> >Is nominee service such an issue in the US as it is over here?
> >
> >Thanks for any advice you can give me
> >
> >Wolf
> >
> >-===================================-
> 
> Wolf -
> 
>    Welcome!
> 
>    I use the S&P 500 Index, the five hundred largest capitalization stocks
> in the U. S. .  It can be, and is, broken into Sectors and Groups within.
> There is also the S&P 100, the one hundred largest capitalization U. S.
> stocks, as well as other Indices.
> 
>    A good place to find out more of these and other Standard & Poor's
> Indices is: 
> 
>  http://www.stockinfo.standardpoor.com/idxinfo.htm and related links.
> 
>    I hope that others will step up with answers to your trading and broker
> questions.
> 
>    This evening, I'll be watching two EastEnders episodes, about a year and
> a half delayed from their broadcast over there!  For your point of
> reference, Michelle has just come over to America for her year's work.
> 
> 
> 
> -- Frank :-)
> 
> High Return on Investment using Technical Analysis
> http://www.usinternet.com/users/fbg/
> 
> Minnesota Long Distance Canoe Racing
> http://www.usinternet.com/users/fbg/mnlong/
> 
> ------------------------------------------------------------------------
> 
>