ADRs and GDRs are two types of depositary receipts with other types including European depositary receipts (EDRs), Luxembourg depositary receipts (LDRs), and Indian depository receipts (IDRs). GDRs are shares of a single foreign company issued in more than one country as part of a GDR program.
How are GDRs priced?
GDRs and their dividends are priced in the local currency of the exchanges where the GDRs are traded. GDRs represent an easy way for U.S. and international investors to own foreign stocks. A global depositary receipt is a type of bank certificate that represents shares of stock in an international company.
What are Depositary Receipts & GDRs?
That's why trading in depositary receipts (DRs) such as ADRs and GDRs has become popular in recent years. They are designed to make it easier for investors to buy foreign stocks. Below is an overview of the easiest ways to invest in foreign stocks, whether you live in the U.S. or any other country.
