American Depository Receipt

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Related to American Depositary Receipt: Adr, American Depositary Receipt Fees

American Depository Receipt

n. called in the banking trade an ADR, it is a receipt issued by American banks to Americans as a substitute for actual ownership of shares of foreign stocks. ADRs are traded on American stock exchanges and over-the-counter easily without the necessity of trading the foreign shares themselves.

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Latest appointment makes JPMorgan leader in Latin American Depositary Receipts
LONDON -- Deutsche Bank (NYSE:DB) (GER:DBK) (LSE:DBK) announces its appointment as depositary bank for the New York Stock Exchange-listed American Depositary Receipt (ADR) program of WNS (Holdings) Limited (WNS).
LONDON -- Deutsche Bank (NYSE:DB) (GER:DBK) (LSE:DBK) announces its appointment as depositary bank for the NASDAQ listed American Depositary Receipt (ADR) program of Himax Technologies, Inc.
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