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Re: Changing exchanges

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Posted by Mark on April 24, 2000 at 13:40:18:

In Reply to: Changing exchanges posted by Wyatt on April 24, 2000 at 12:59:39:

: Hi Mark,

: How would be the best way to handle this situation? I've been following a stock on the Toronto exchange with the symbol MDS.TO. It recently listed on the NYSE under the symbol MDX. I changed the symbol using the "Edit/Investment properties". The only problem is that its new quotes are in US dollars vs. Canadian dollars. Just wondered if there was a "preferred" way to handle it.
: I suppose that I could continue to get both quotes for consistency sake.

: Thanks in advance for your input.

: Wyatt

Hi Wyatt,
You can record a "split" transaction on the date you've converted to
tracking it in US dollars. Include a memo in the split to indicate the reason.
Splits can be fractional numbers, they don't have to be integers.

Mark Beiley

Fund Manager for Windows 3.1x/95/98/NT

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