Question

difference between ADR
GDR
IDR
at least 5 points ​

Answer 1

GDR (Global Depository Receipt) is a negotiable instrument It is issued by foreign depository bank. Companies in this can trade in any countries stock market but other than the us stock market. It is negotiable in all over the world. Like London stock exchange.

ADR (American Depository Receipt) is a negotiable instrument issued by a US bank, trading in the US stock exchange.American Stock Exchange such as NYSE or NASDAQ. It is negotiable only in America.

IDR (Indian Depository Receipt) is a financial instrument through which a foreign company can raise funds for itself from Indian securities markets. It is listed and traded in indian Market. foreign Companies deposit their shares with Indian depository and in exchange of it the Indian depository will issue receipts to the investors for the money which they have invested.

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