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| 1. |
What is difference between ADR and PDR? |
| Answer» I guess its GDR* not PDR <th>BASIS FOR COMPARISON</th> <th>ADR</th> <th>GDR</th> \t\t\tAcronymAmerican Depository ReceiptGlobal Depository ReceiptMeaningADR is a negotiable instrument issued by a US bank, representing non-US company stock, trading in the US stock exchange.GDR is a negotiable instrument issued by the international depository bank, representing foreign company\'s stock trading globally.RelevanceForeign companies can trade in US stock market.Foreign companies can trade in any country\'s stock market other than the US stock market.Issued inUnited States domestic capital market.European capital market.Listed inAmerican Stock Exchange such as NYSE or NASDAQNon-US Stock Exchange such as London Stock Exchange or Luxemberg Stock Exchange.NegotiationIn America only.All over the world.Disclosure RequirementOnerousLess onerousMarketRetail investor marketInstitutional market.\t | |