Questions tagged [depositary-receipts]
A depositary receipt (DR) is a negotiable financial instrument issued by a bank to represent a foreign company's publicly-traded securities.
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Why are shop receipts required
I was wondering what some of the reasons may be why shop receipts are required by law.
What would happen if they were not required? What could some resulting problems be?
What do receipts facilitate, ...
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What is OCDGF at Yahoo Finance?
This is a question regarding Ocado Group, the British grocery and technology company.
When the word "ocado" is searched at adr.com there is one listing and it is for the symbol OCDDY. At ...
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Are ADRs of US stocks purchased on non-US exchanges subject to US Estate Tax if held by non-resident non-nationals?
US stocks are traded on many European exchanges via an arrangement similar to the US ADR (the UK term is "CREST")
If you hold US stocks in such indirect way as a non-resident non-national ...
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What are ADR prices based on when the foreign stock exchange is closed?
The price of an ADR is based on its underlying security's price on its home stock exchange. However, the home stock exchange is not necessarily open during the same hours as the US stock market. ...
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Why do we need a depository and clearing center today?
I imagine that Back In The Day, the depository kept real securities in some safe and gave physical receipts about the presence of such a quantity of funds in such an account. Today, though, all ...
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Why do companies issue depositary shares for preferred stock instead of issuing preferred stock directly?
I was looking at the list of US Bancorp preferred stock issues. Among them are:
Depositary Shares Each Representing a 1/1,000th Interest in a Share of Series B Non-Cumulative Perpetual Preferred ...
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What fees do CREST Depository Interest (CDI) shareholders have to pay on a regular basis?
In the US, depository banks for ADRs usually charge depository fees to the owners of ADR shares. To collect the fees, the depository bank could reduce the dividend paid to ADR owners. The fees are ...
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