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What is Understanding Global Depository Receipts about?

Global Depository Receipts (GDRs) are certificates issued by international banks that represent shares of foreign companies deposited in accounts. GDRs facilitate global trading of shares, especially from emerging markets, by having prices close to the related shares. GDRs and American Depository Receipts (ADRs) serve similar functions of making international shares more easily traded globally.

Author

pardeepy1986

Language

EN