Consumers Digest

how do i buy and sell shares in nasdaq?

i saty in india and i want to do an online trading in nasdaq , i do not have any social security no ,, but i pay my taxes and have proof for it ,, how do i buy and sell from india

Public Comments

1. find an indian on-line bank...duh!
2. INVEST ONLINE IN INDIA http://www.thehindubusinessline.com/iw/2006/10/29/stories/2006102900891000.htm
3. Go to an on-line brokerage site like ETrade, or Scottrade, etc., or do a search (something like"India on-line broker NASDAQ") for a broker near you. Most if not all U.S. Brokers require a minimum $500 to open an account and a Social Security Number. Why no S.S. number? Do they give them out in your country? If they don't you might be able to open an account using another type of ID. I would e-mail the broker(s) and see if you can use some form of Government ID or ID number, or maybe using a photocopy or the number on your passport. If they do (have S.S. numbers in India) than I would say you're SOL ( i.e. not going to be able to get a broker and buy shares on the NASDAQ Market).
4. Assuming you want to invest in NASDAQ Stock Market Inc,; simply buy shares in it from your brokerage, the ticker is "NDAQ" If you want to invest in NASDAQ as in the Index. You would have to buy an index mutual fund or an ETF. (e.g., Fidelity Nasdaq Composite Index Fund)
5. TD Ameritrade.