Google / Alphabet Shares - UK or USA exchange ?

sidneyyoungblood

Been looking at the google shares recently and noticed that it trades on both the UK and USA exchanges - 

Read that the 0RIH is the equivalent of the  Alphabet Class A shares but is bought in GBP . both have pluses and minuses ( exchange rates - withholding dividends etc ) .
If  buying , would it be best to use the UK exchange or US ? I started to use Trading212 after getting hit with high FX charges from IWEB.

 

wmb194

sidneyyoungblood said:

Been looking at the google shares recently and noticed that it trades on both the UK and USA exchanges - 

Read that the 0RIH is the equivalent of the  Alphabet Class A shares but is bought in GBP . both have pluses and minuses ( exchange rates - withholding dividends etc ) .
If  buying , would it be best to use the UK exchange or US ? I started to use Trading212 after getting hit with high FX charges from IWEB.

Given its run, be careful that you’re not succumbing to FOMO with these.

The LSE’s website says that security is traded in USD: see next to ‘Price’. Just buy it on the US exchange. You’ll have a hard time finding a broker offering this type of LSE listed security to retail investors anyway - usually they’re GDRs restricted to professionals - and T212 doesn’t appear to offer it.

sidneyyoungblood

wmb194 said:

sidneyyoungblood said:

Been looking at the google shares recently and noticed that it trades on both the UK and USA exchanges - 

Read that the 0RIH is the equivalent of the  Alphabet Class A shares but is bought in GBP . both have pluses and minuses ( exchange rates - withholding dividends etc ) .
If  buying , would it be best to use the UK exchange or US ? I started to use Trading212 after getting hit with high FX charges from IWEB.

Given its run, be careful that you’re not succumbing to FOMO with these.

The LSE’s website says that security is traded in USD: see next to ‘Price’. Just buy it on the US exchange. You’ll have a hard time finding a broker offering this type of LSE listed security to retail investors anyway - usually they’re GDRs restricted to professionals - and T212 doesn’t appear to offer it.

Thanks , did not realise Trading 212 did not offer it.. I was just confused that it was offered on both exchages,

wmb194

sidneyyoungblood said:

wmb194 said:

sidneyyoungblood said:

Been looking at the google shares recently and noticed that it trades on both the UK and USA exchanges - 

Read that the 0RIH is the equivalent of the  Alphabet Class A shares but is bought in GBP . both have pluses and minuses ( exchange rates - withholding dividends etc ) .
If  buying , would it be best to use the UK exchange or US ? I started to use Trading212 after getting hit with high FX charges from IWEB.

Given its run, be careful that you’re not succumbing to FOMO with these.

The LSE’s website says that security is traded in USD: see next to ‘Price’. Just buy it on the US exchange. You’ll have a hard time finding a broker offering this type of LSE listed security to retail investors anyway - usually they’re GDRs restricted to professionals - and T212 doesn’t appear to offer it.

Thanks , did not realise Trading 212 did not offer it.. I was just confused that it was offered on both exchages,

It isn't uncommon for the same shares to trade on multiple exchanges but they're not always available to every investor even if they are. For instance there are LSE listed companies traded in New York and/or Amsterdam that are easy to buy and brokers like T212 offer e.g., BP, Shell, Unilever, Relx, Vodafone, AstraZeneca (AZN) and GSK. AZN's also listed in Stockholm. You need to watch out for the FX translation and costs but buying shares in these companies on a foreign exchange is a way to avoid paying stamp duty.

Eyeful

1. You sound like you are a newbie, who  may have watched social media and developed FOMO.

2. Hope you do understand that owning single shares is very risky.

3 Ignore FOMO, it has lost people a lot of money.. 

4. Holding shares for the short term, lets say a few months is called "speculating or trading".
The odds of you winning that game is very low.

If you are thinking of speculating on any single share for the short term,  the odds of you losing most or all your money will be high.