We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies. You can view our cookie policy and edit your settings here, or by following the link at the bottom of any page on our site.
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.