
American Depositary Receipts (ADRs)
American Depositary Receipts (ADRs) are financial instruments that allow U.S. investors to buy shares in foreign companies without dealing with international stock exchanges. They represent a specific number of shares of the foreign company held by a U.S. bank, making it easier to trade and understand foreign stocks in the U.S. financial markets. ADRs are listed on American exchanges and priced in U.S. dollars, simplifying the process of investing internationally while providing access to global companies’ growth opportunities.