Stock trades and realized gains/losses

Matthew Vanecek mevanecek@yahoo.com
10 Jan 2003 09:23:46 -0600


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On Fri, 2003-01-10 at 05:18, Herbert Thoma wrote:

> There are stocks that are listed at more than one exchange. I can buy sha=
res
> of Siemens in Frankfurt for EUR and sell them in New York for USD.
> (This is no ADR, it's really dual listing)
>=20

When you buy/sell stocks like that, how do you currently account for
them?  I.e., how do you deal with the same stock on different exchanges=20
in different currencies (looking for current actual practice here)?  How
would you *like* to account for them?

My thought was that, for reporting purposes only, accounts of different
currencies could get converted on the fly to your home currency via an
exchange rate dialog (or automatic determination via pricedb, maybe).
Similar to getting up-to-the-minute quotes for current-value
statements...

--=20
Matthew Vanecek
perl -e 'print $i=3Dpack(c5,(41*2),sqrt(7056),(unpack(c,H)-2),oct(115),10);'
***************************************************************************=
*****
For 93 million miles, there is nothing between the sun and my shadow except=
 me.
I'm always getting in the way of something...

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