Global depository receipt and Open Banking: Difference between pages

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(GDR).
''UK Open Banking project''.


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.  
A UK government-sponsored initiative focused on an open standard for Application Programming Interfaces (APIs) for UK banks to:
*Increase competition and innovation in and around banking to improve outcomes for customers; and
*Thereby support the fintech industry in the UK.


GDRs are typically used by companies from emerging markets and marketed to professional investors only.


== See also ==
*[[Application programming interface]]
*[[Blockchain]]
*[[Disruptor]]
*[[Fintech]]
*[[Open banking APIs]]
*[[PSD2]]
*[[Regtech]]


Also spelled Global Depositary Receipt.


==Other links==


== See also ==
[https://www.treasurers.org/hub/treasurer-magazine/why-open-banking-will-be-better-corporate-treasurers Why open banking will be better for corporate treasurers, Web exclusive, 2019]
* [[American depository receipt]]
 
* [[Certificate of ownership]]
[[Category:The_business_context]]
* [[Custody]]
[[Category:Cash_management]]
* [[Negotiable instrument]]
[[Category:Financial_products_and_markets]]
* [[Stock exchange]]
[[Category:Liquidity_management]]
* [[Issuer]]
[[Category:Technology]]
* [[Share]]

Revision as of 14:50, 1 October 2020

UK Open Banking project.

A UK government-sponsored initiative focused on an open standard for Application Programming Interfaces (APIs) for UK banks to:

  • Increase competition and innovation in and around banking to improve outcomes for customers; and
  • Thereby support the fintech industry in the UK.


See also


Other links

Why open banking will be better for corporate treasurers, Web exclusive, 2019