ADR (American depositary receipt) is a negotiable instrument whose issuing authority is U.S bank. ADR represents shares that are traded on US exchange. The underlying security of ADR is held by U.S financial institution overseas. Reduced administration and duty cost are some important benefits of ADR.
OGS offers through our principles worldwide access to our clients to over 2000 established companies from major countries listed in the U.S. This diversify the portfolio across the globe even though the focus is on the American market