I noticed that the EUR version follows the pre market rate.
Can anyone confirm this?
If it did not then there would be opportunities for risk free arbitrage profits no? So market ensures this will be so.
Sometimes it happens that US market tops and EU market is closed, so you miss out on profits because next day, EU markets open at the US markets close value. Lol. It’s only during the overlap that you can churn out a profit. Like today, apple might shoot up and back down but EU market may be closed
On the flip side, sometimes pre market hits a high before opening.
Hit and miss on this.
Values always follow us values - it’s god to avoid the fx fee.
The only problem is liquidity after all - this Thursday after 13Pm gmt stock hasn’t moved. After contacted the support the answer is that’s because a liquidity problem in Xetra. Strange, but the value didn’t updated in other sites too.
I’ve putted an order of 1€ to sell just for testing purposes and got stuck.
However in day by day it’s pretty convenient, since EU t212 got the fx fee last year, and for trading Tesla it’s a cheaper possibility. And it has the advantage of getting Nasdaq pre market one hour early - with the inconvenience of market closes 4,5h early than Nasdaq of course