The best way for a Euroequity to get a listing in the United States is to issue a(n)________.
A)Global Depositary Receipt
B)European Depositary Receipt
C)American Depositary Receipt
D)Domestic Depositary Receipt

Question

Quizplus · Accepted Answer

The best way for a Euroequity to get a listing in the United States is to issue American Depositary Receipts (ADRs). ADRs are certificates that represent ownership of a specified number of shares in a non-US company, which are held by a US bank. ADRs are traded on US stock exchanges and offer US investors easy access to foreign stocks without having to use foreign brokers or dealing with foreign currency conversions. ADRs help non-US companies to raise capital in the US market and gain exposure to a wider investor base, including institutional investors.

The Best Way for a Euroequity to Get a Listing