American Depository Receipt gives you chance to gain from booming foreign markets
Wednesday, December 3, 2008 12:25 amAmerican Depository Receipt is an excellent way to buy shares of a foreign company in the US. American Depository Receipt is basically a negotiable certificate that is issued by the bank representing the foreign stock. American Depository Receipt was first used by JPMorgan in 1927, for the Selfridges&Co, a British retailer. There are so many reasons that make American Depository Receipt a viable option for investing in foreign stocks that are being traded at the US stock markets. Read the rest of this entry »
