|[4:40 PM] Apple To Be Traded In European Stock Market
by Wes George
The Easdaq, the European equivalent to the Nasdaq, added five more US high technology stocks--including Apple computer Inc--to its growing list of American companies that trade on its board.
According to a report from CBS Market Watch:
"Easdaq also added Network Associates (NETA) Qualcomm (QCOM) and Xeikon NV (XEIK) to its listing of 10 other Nasdaq stocks, which joined the exchange for high-growth companies on Jan. 13.
...this year has proved to be a boom trading year for exchanges across Europe, with volumes soaring to record levels, as they've done in the United States. The first batch of 10 Nasdaq stocks were listed on Easdaq's duel trading platform at the urging of Easdaq's market makers. Easdaq, which now trades shares of 71 companies, said there are more Nasdaq companies waiting in the wings but it wants to bring them on board slowly.
So far, the only way to buy Easdaq stocks is through a private broker. But Easdaq plans to broaden its platform to online trading by June this year, and it's currently talking with the likes of Charles Schwab and E-Trade."
For other stories regarding Apple's stock activity, visit our Apple Stock Watch Special Report.
The Mac Observer Spin: The European exchanges are still in an unsettled rapid growth phase since the event of the European Union. It's an important step for Apple to become listed early in order to project the company's market leader profile into what is one of the fastest growing equity markets in the world.