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International Depository Receipt (IDR) |
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International Depository Receipt (IDR)A receipt issued by a bank as evidence of ownership of one or more shares of the underlying stock of a foreign corporation that the bank holds in trust. The advantage of the IDR structure is that the corporation does not have to comply with all the issuing requirements of the foreign country where the stock is to be traded. The US version of the IDR is the American Depository Receipt (ADR).International Depository Receipt (IDR) Similar MatchesInternational monetary systemInternational monetary systemThe global network of government and commercial institutions within which currency exchange rates are determined. International arbitrageInternational arbitrageSimultaneous buying and selling of foreign securities and ADRs to capture the profit potential created by time, currency, and settlement inconsistencies that vary across international borders. International fundInternational fundA fund whose portfolio comprises a range of securities from markets around the world. International Swap Dealers Association (ISDA)International Swap Dealers Association (ISDA)Formed in 1985 to promote uniform practices in the writing, trading, and settlement of swaps and other derivatives. London International Financial Futures and Options ExchangeLondon International Financial Futures and Options ExchangeA futures and options exchange, located in London, which originally dealt only in financial instruments including equities (shares), government bonds, indices (such as the FTSE 100 Index) interest rates and a wide range of currencies. In 1996, LIFFE merged with the London Commodity Exchange with unified administration and exchange systems. All trades of the merged exchange are guaranteed by the London Clearing House (LCH). LIFFE is a Recognised Investment Exchange (RIE), regulated by the Financial Services Authority (FSA). Further SuggestionsInternational Bank for Reconstruction and Development (IBRD)International Petroleum Exchange (IPE) International Banking Facility (IBF) International Fisher effect Internationalization International macroeconomics International monetary economics International mutual fund International fund International Securities Identification Number Bank for International Settlements International Trade Organization International Development Association (IDA) International market Morgan Stanley Capital International (MSCI) Morgan Stanley Capital International Europe Index International exhaustion International reserves International Standards Organization Morgan Stanley Capital International Pacific Free index International Bank for Reconstruction and Development (IBRD) International Asset Pricing Model (IAPM) Capital International Indexes Tokyo International Financial Futures Exchange International Stock Exchange of the UK and the Republic of Ireland (ISE) |
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