Anonymous
Anonymous asked in Business & FinanceInvesting · 1 decade ago

what is ADR IN STOCK MARKET?

5 Answers

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  • 1 decade ago
    Best Answer

    American Depositary Receipt (ADR)

    It's how the stock of most foreign companies trades in United States stock markets.

    Each ADR is issued by a U.S. depositary bank and represents one or more shares of a foreign stock or a fraction of a share. If investors own an ADR they have the right to obtain the foreign stock it represents, but U.S. investors usually find it more convenient to own the ADR. The price of an ADR is often close to the price of the foreign stock in its home market, adjusted for the ratio of ADRs to foreign company shares.

  • 1 decade ago

    American Depositary Receipt (ADR), are stocks from other countries that are allowed to trade on America Markets as ADR. The foreign companies must place shares on deposit with a US Bank and the bank then issue the ADR to be traded on the US Markets.

  • ?
    Lv 6
    1 decade ago

    It stands for American depository receipt. When you buy a stock of another country you don't get the actual stock you get the adr instead. But you do own the stock.

  • Alex
    Lv 4
    1 decade ago

    American Depository Receipt. You can find all the info on http://www.adrbny.com/

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  • 1 decade ago

    foreighn security not registered on US stock exchanges

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