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.

Global depositary receipt definition

Global depositary receipts (GDRs) are listed securities that represent single shares or specified numbers of shares in foreign companies. GDRs are bought and sold on stock markets like regular shares. They are very similar to American Depositary Receipts, but GDRs are traded on stock markets outside the US, like the London Stock Exchange, whereas ADRs are issued by US banks and traded on US exchanges only.

Global depositary receipt definition

Global depositary receipts (GDRs) are listed securities that represent single shares or specified numbers of shares in foreign companies. GDRs are bought and sold on stock markets like regular shares. They are very similar to American Depositary Receipts, but GDRs are traded on stock markets outside the US, like the London Stock Exchange, whereas ADRs are issued by US banks and traded on US exchanges only.

GDRs give investors access to foreign shares when they may not be able to buy the actual shares directly due to restrictions. They can be useful for companies in emerging markets, for example, as they give them access to larger and more liquid capital markets to raise funds in either US dollars or euros. 

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