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Metrics & Fundamentals

Multiple Listings of the Same Company

November 14, 2025 Olha Ferendovych

Global Listings Explained

Large global companies (e.g., NVIDIA, Apple, Microsoft) are often listed on multiple stock exchanges worldwide.

There are three main forms of multi-listing:

  • Primary listing — the company’s original market (e.g., NVIDIA: NVDA on NASDAQ, US).
  • Secondary listings — shares listed on other exchanges, usually in local currencies (e.g., NVDA.TO in Canada, NVDA.BA in Argentina).
  • Depositary receipts (ADR/GDR) — certificates traded on international exchanges (e.g., in London or Frankfurt) that represent ownership of the original shares.

How to identify the main ticker?

  • The primary ticker is always tied to the company’s home exchange. U.S. tech stocks → NASDAQ or NYSE
  • Secondary tickers include suffixes showing the local market: .TO (Toronto), .BA (Buenos Aires), .BK (Bangkok), .LI (Switzerland)
  • All versions share the same ISIN (International Securities Identification Number) — the global identifier for a security.

Why does FinImpulse show all listings?

Unlike many platforms that only display the primary ticker, FinImpulse reveals all available listings across global exchanges.

This has two advantages:

  1. Local investing options — if you live in Warsaw, you may want to buy NVIDIA shares directly in PLN. FinImpulse helps you see that possibility.
  2. Full transparency — you understand how and where the company is traded worldwide, which is especially useful for cross-market strategies.

Practical tip

  • Use the primary ticker for global reference.
  • Explore secondary listings to check if your local broker offers access in your own currency or market.

FinImpulse Insight:

Understanding multiple listings helps investors see the global footprint of companies and identify local opportunities.

We provide the data — you decide what’s right.

  • ADR / Dual Listing
  • Global Markets
  • Investing Basics
  • Stock Exchanges
  • Stock Market
Olha Ferendovych

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