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An ADR is American deposit receipts follow th strict norms laid down by SEC(securities exchange commission of America) & GAAP.

GDR is global deposit receipts and traded in London stock exchange and luxemberg stock exchange .

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13y ago
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8mo ago

ADR (American Depository Receipt) refers to a certificate issued by a U.S. bank representing ownership of shares in a foreign company, traded on a U.S. stock exchange. GDR (Global Depository Receipt) is a similar instrument but is traded on international markets outside the U.S. Both ADRs and GDRs allow investors to invest in foreign companies without directly owning their shares.

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Q: What is the difference between adr and gdr?
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