Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

American depositary receipt definition

American depositary receipts (ADRs) are US-listed securities that represent single shares, or specified numbers of shares, in foreign companies.

American depositary receipt definition

American depositary receipts (ADRs) are US-listed securities that represent single shares, or specified numbers of shares, in foreign companies.

ADRs are bought and sold on the US stock markets like regular US shares, trade in US dollars and are settled through US settlement systems. Examples include British bank Barclays (BCS), drugs giant GlaxoSmithKline (GSK) and Chinese ecommerce giant Alibaba (BABA).

ADRs are issued by US banks, who buy foreign stocks and then issue ADRs, which can be traded on US exchanges like the New York Stock Exchange and Nasdaq.

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The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA, a SIPP or an IG Smart Portfolio can fall as well as rise, which could mean getting back less than you originally put in. Spread bets and CFDs are leveraged products and can result in losses that exceed deposits. Spread betting and CFD trading are not permitted within the IG SIPP. Please ensure you fully understand the risks and take care to manage your exposure.

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