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Difference between adr and gdr?

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Difference between adr and gdr?

Posted by Ibad Ansari 2 years, 10 months ago

CBSE > Class 11 > Business Studies

1 answers

Sia ? 2 years, 10 months ago

<center>ADR</center>	<center>GDR</center>
American Depository Receipts	Global Depository Receipts
American Depository Receipts (ADR) is a type of negotiable security instrument that is issued by a US bank on behalf of a non-US company, which is trading on the US stock exchange.	Global Depository Receipts (GDR) are a type of negotiable instruments that are issued by a foreign depository bank for trading of shares of a company in an international market
US Dollars	US Dollars, Euro
To acquire resources in the US Market	To acquire resources in the International Market
NASDAQ	Listed in Non-US stock exchanges such as LSE (London Stock Exchange) and Euronext (France)
US Capital Market	European Capital Market

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