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) |
imported>Doug Williamson (Mend link.) |
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* [[Certificate of ownership]] | * [[Certificate of ownership]] | ||
* [[Custody]] | * [[Custody]] | ||
* [[Negotiable]] | * [[Negotiable instrument]] | ||
* [[Stock exchange]] | * [[Stock exchange]] | ||
* [[Issuer]] | * [[Issuer]] | ||
* [[Share]] | * [[Share]] | ||
Revision as of 15:58, 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.
