Personal Finance & Money Asked on March 6, 2021
Is there maybe a table with descriptors that are sometimes added to stock names?
Examples:
Or are those even standardized?
ADR is American Depository Receipts. If a non-US company was its shares traded in US Exchanges; it [or some institutions] buy the shares in primary market; keep this as collateral and create ADR and the ADR is traded in the US.
Like wise GDR are Global Depository receipts where stocks from one country are traded on other via GDR
DL is similarly a depository receipt trading in Germany.
Answered by Dheer on March 6, 2021
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