Global depositary receipt: Difference between revisions

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(Created page with "{{fwmdtt|nickname=GDR|title=Global depositary receipt|tagline=Like an ADR, only more foreign|documentation=Prospectus 5|booklets=Nothing to see here, friend. 0|customisabi...")
 
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{{fwmdtt|nickname=GDR|title=Global depositary receipt|tagline=Like an [[ADR]], only more foreign|documentation=Prospectus 5|booklets=Nothing to see here, friend. 0|customisability=Not really. Delta one stuff. 0|asset classes= Equities only. 2|amendability=No real need. No real capacity. 0|transferability=In theory, negotiable. Query how much in practice.|tenor=Unstated but potentially can be withdrawn at any time. theoretical risk, but fairly far down the tail. 4|leverage=Nope. 0|collateral=Nope. 0|longevity=A good 30 years old. 6|frightometer=All a bit gnab gib, really, 3.}}
{{GDR - FWMD}}The depositary receipt may be withdrawn at any time, and the waiting period for the shares being sold and the proceeds distributed to investors may be long
 
The depositary receipt may be withdrawn at any time, and the waiting period for the shares being sold and the proceeds distributed to investors may be long