Global depository receipt: Difference between revisions

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(Correct spelling to Depository.)
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(GDR).
(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.  
Global Depository Receipts are negotiable certificates issued by depository 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.
GDRs are typically used by companies from emerging markets and marketed to professional investors only.

Revision as of 10:26, 7 February 2018

(GDR).

Global Depository Receipts are negotiable certificates issued by depository 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.


Also spelled Global Depositary Receipt.


See also