Global Depository Receipt


Global Depository Receipt

A Global Depository Receipt or Global Depositary Receipt (GDR) is a certificate issued by a depository bank, which purchases shares of foreign companies and deposits it on the account. GDRs represent ownership of an underlying number of shares.

Global Depository Receipts facilitate trade of shares, and are commonly used to invest in companies from developing or emerging markets.

Prices of GDRs are often close to values of related shares, but they are traded and settled independently of the underlying share.

Several international banks issue GDRs, such as JPMorgan Chase, Citigroup, Deutsche Bank, Bank of New York. They trade on the International Order Book (IOB) of the London Stock Exchange.Normally 1 GDR = 10 Shares

ee also

* American Depositary Receipt


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  • Global Depository Receipt — Ein Global Depository Receipt (GDR) ist quasi die globale Form des Hinterlegungsscheins / depositary Receipts und somit ein Zertifikat, das das Eigentum einer Aktie verbrieft[1]. Inhaltsverzeichnis 1 Hintergründe 2 Geschichte 3 Siehe auch …   Deutsch Wikipedia

  • Global Depositary Receipt — Ein Global Depository Receipt (GDR) ist quasi die globale Form des Hinterlegungsscheins / depositary Receipts und somit ein Zertifikat, das das Eigentum einer Aktie verbrieft[1]. Inhaltsverzeichnis 1 Hintergründe 2 Geschichte 3 …   Deutsch Wikipedia

  • Global Depositary Receipt — A receipt denoting ownership of foreign based corporation stock shares which are traded in numerous capital markets around the world. Bloomberg Financial Dictionary ( GDR) Euroclear Clearing and Settlement glossary Also called European Depository …   Financial and business terms

  • Global Depositary Receipt — (GDR) Also called European Depository Receipt (EDR). A negotiable certificate issued by a trust company or security depository evidencing the deposit of publicly traded securities and facilitating the trading of such securities on exchanges …   Euroclear glossary

  • Depository receipt — Ein Hinterlegungsschein (auch Hinterlegungszertifikat; engl. depositary receipt, DR) ist eine verbriefte Hinterlegung des Rechts an einer Aktie oder einem Teil bzw. Vielfachen dieser[1]. Inhaltsverzeichnis 1 Hintergründe 1.1 Nachteile 2… …   Deutsch Wikipedia

  • European Depository Receipt — ( EDR) Euroclear Clearing and Settlement glossary Also called Global Depositary Receipt ( GDR). A negotiable certificate issued by a trust company or security depository evidencing the deposit of publicly traded securities and facilitating the… …   Financial and business terms

  • American Depository Receipt — Ein American Depositary Receipt (ADR, oft auch American Depository Receipt oder American Depositary Share) ist ein Hinterlegungsschein und somit ein Zertifikat, das von einem US amerikanischen Kreditinstitut ausgestellt wird, das die… …   Deutsch Wikipedia

  • European Depository Receipt — Ein European Depositary Receipt (EDR) ist ähnlich dem American Depositary Receipt ein Hinterlegungsschein für Aktien, der auf Euro lautet[1]. Hintergründe Um Aktien die im Ausland nicht zugelassen sind in diesem handelbar zu machen, werden von… …   Deutsch Wikipedia

  • European Depository Receipt — (EDR) Also called Global Depositary Receipt (GDR). A negotiable certificate issued by a trust company or security depository evidencing the deposit of publicly traded securities and facilitating the trading of such securities on exchanges …   Euroclear glossary

  • American Depositary Receipt — An American Depositary Receipt (or ADR) represents the ownership in the shares of a foreign company trading on US financial markets. The stock of many non US companies trades on US exchanges through the use of ADRs. ADRs enable US investors to… …   Wikipedia


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