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Definition of 'Interlisted Stock'
A security that is listed on multiple stock exchanges. An interlisted stock could be a stock that trades on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX).
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Investopedia explains 'Interlisted Stock'
Many companies have shares that trade on multiple exchanges. The advantages of listing on several exchanges is that it allows a company's shares to gain access to more investors and increases a company's liquidty. The main disadvantages include the cost of listing on numerous exchanges and possible additional regulatory requirements.
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