A flexible certificate which is issued by a depository bank in the United States is referred to as an American Depositary Receipt (ADR). This certificate characterizes a specific number of shares or can be issued for a single share also and even for making an investment in the stocks of any foreign company. Just like stocks, ADRs also trade on the U.S. stock exchange market.
One of the main advantages of ADRs is that one can trade on many stocks internationally also, because of which there is a dual benefit on both sides. Some of the international companies which are … Read More