Global depository receipt: Difference between revisions
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imported>Doug Williamson (Create page. Source: LSE webpage http://www.londonstockexchange.com/traders-and-brokers/security-types/gdrs/gdrs.htm) |
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Revision as of 15:57, 3 February 2018
(GDR).
Global Depositary Receipts (GDRs) are negotiable certificates issued by depositary banks which represent ownership of a given number of a company’s shares which can be listed and traded independently from the underlying shares.
GDRs are typically used by companies from emerging markets and marketed to professional investors only.
