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Dual Listing - a dual listing is when a security is traded on more then one exchange. Securities have to be registered, and usually are sold on one exchange however in some cases a Dual Listing I used. A dual listed stock is not convertible into each other, like a cross listed stock. It's the same stock that happens to be sold and traded on different exchanges such as the New York Stock Exchange, and the American Stock exchange. The stock still has to be registered for both exchanges. Dual Listings are sometimes confused with a cross listing. A cross listing is different where it a stock may be primarily exchanged in its country of origin, but may appear as a secondary stock in another country |