What are ADRs (American Depositary Receipts)?
14/05/2025
ADRs (American Depositary Receipts) are negotiable securities, issued and traded, backed by securities issued by foreign companies. In the case of the American market, these assets are called ADRs. These certificates of deposit allow you to invest in foreign shares without having to open an account with a broker in the country where the stock is traded, operate in currencies other than the dollar, or transfer funds to another country besides the USA. More information:
FINRA (https://www.finra.org/investors/insights/shopping-foreign-stocks-here-are-few-things-keep-mind)
U.S. SECURITIES AND EXCHANGE COMMISION (https://www.sec.gov/fast-answers/answersadrshtm.html)