|
|
American style option |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
American style optionAn option which can be exercised at any time until expiry (unlike European style options which can only be exercised at expiry).Similar MatchesAmerican ExpressAmerican ExpressAn international company whose services include travel and financial products and which is probably most well known for the American Express charge card which enables the holder to obtain goods and services without the need to pay cash. Invoices of transactions are tendered monthly which must be settled in full. American Depository Share (ADS)American Depository Share (ADS)Foreign stock issued in the US and registered in the ADR system. American depositary receiptAmerican depositary receiptAmerican depositary receipts are a convenient way for Americans to own shares in foreign companies. Rather than buying European or Asian shares direct, they buy ADRs.ADRs are receipts for the shares of a foreign company. The share certificates themselves are held by an American bank which issues the ADRs, then collects dividends and distributes them to ADR-holders after converting them into dollars. The holders of ADRs normally have all the rights of normal shareholders, including voting rights. The ADRs are tradable instruments in their own right.One of the ironies of ADRs is that, though intended for American investors, they can also be bought by non-Americans. In some cases it can be cheaper (in terms of costs) for someone in London to buy ADRs in a UK company than to buy the shares on the London markets.Most foreign companies that want to list in the US use ADRs. American Stock ExchangeAmerican Stock ExchangeA stock exchange located in Manhattan where stocks of small to medium sized companies are traded. American Depository Receipt RatioAmerican Depository Receipt RatioThe number of ordinary shares into which an ADR can be converted. Further SuggestionsAmerican Association of Individual InvestorsAmerican Depository Receipt Fees Buy American Act Latin American Free Trade Association North American Free Trade Agreement (NAFTA) American Stock Exchange (AMEX) American Land Title Association (ALTA) American Association of Individual Investors (AAII) American shares Central American Common Market |
|
|
|