Can anyone tell me why share prices and share volumes are different between the ISE and NYSE. Take AIB for instance today on the ISE there share volume is 880,602,066 @ 14.375 per share. While on the NYSE the share volume is 587,134.00 @ 43.37 per share. Why the big difference ??
Share price difference between ISE and NYSE
The main listing for AIB is on the ISE. Shares are quoted in .
The shares on NYSE are called ADR's which are equivalent to a number of the shares quoted on the ISE. These are in $.
Lots of foreign companies do this to allow their shares to be traded on multiple exchanges.
http://en.wikipedia.org/wiki/American_Depositary_Receipt
The shares on NYSE are called ADR's which are equivalent to a number of the shares quoted on the ISE. These are in $.
Lots of foreign companies do this to allow their shares to be traded on multiple exchanges.
http://en.wikipedia.org/wiki/American_Depositary_Receipt
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