Bank of Bermuda Nasdaq listing – possible arbitrage opportunities

By David Marchant

23 years ago

Topics

Keywords

Bermuda Stock Exchange HSBC Bank Bermuda NASDAQ

The secondary listing of Bank of Bermuda shares on Nasdaq, effective April 23, has created arbitrage opportunities for traders.Between its U.S. listing debut and the end of April, the bank’s stock closed at a higher price on Nasdaq than the BSX on day, once by as much as $1. Nasdaq volume was more than 12 times greater.

- You're only seeing part of this content
  
  To view the entire article or download the document, subscribe today.
  
  - Offshore Courts: 29,000+ court cases (Bahamas, Bermuda, BVI, Cayman Islands)
  - Investigative Articles: 4,500+ in-depth articles, including fraud exposés
  - MLATs - Criminal: 1,400+ MLATs on global criminal investigations
  - Ch. 15 - Insolvencies: Monitored daily
  - Foreign Discovery: Applications for foreign discovery filed in the USA, monitored daily
  - Regulatory Actions: Global regulatory actions, fines, and bans, monitored daily
  - And More: Criminal indictments, extraditions, winding-up petitions, and more
  
  Unlimited access for less than $3/day.
  
  Cancel anytime.
  
  SUBSCRIBE
- SIGN IN
  
  Forgot your password?

BECOME A SUBSCRIBER

Daily red flags in high-value international finance

Unlimited access. No contracts. Cancel anytime.