Difference between revisions of "Global depository receipts"

From MarketsWiki
Jump to: navigation, search
m (Text replace - "{{helpAddContent}}" to "")
Line 1: Line 1:
 
   
 
   
  
Global Depository Receipts are certificates that are backed by the shares of a company but traded away from the company's domestic exchange. They are frequently used to invest in emerging market companies.  They allow investors to invest in companies that aren't listed on their local stock market. <ref> {{cite web|url = http://www.thetradenews.com/asset-classes/equities/2871|name = Liquidnet starts trading Luxembourg-listed GDRs|org = The Trade News|date = March 3, 2009}}</ref>
+
Global Depository Receipts are certificates that are backed by the [[shares]] of a [[company]] but [[traded]] away from the company's domestic [[exchange]]. They are frequently used to [[invest]] in emerging market companies.  They allow investors to invest in companies that aren't listed on their local [[stock market]]. <ref> {{cite web|url = http://www.thetradenews.com/asset-classes/equities/2871|name = Liquidnet starts trading Luxembourg-listed GDRs|org = The Trade News|date = March 3, 2009}}</ref>
 
<!-- Put a quick intro here about what it is you're discussing -->
 
<!-- Put a quick intro here about what it is you're discussing -->
  

Revision as of 08:28, 2 July 2013


Global Depository Receipts are certificates that are backed by the shares of a company but traded away from the company's domestic exchange. They are frequently used to invest in emerging market companies. They allow investors to invest in companies that aren't listed on their local stock market. [1]


References

  1. Liquidnet starts trading Luxembourg-listed GDRs. The Trade News.