Tag Archives: EDR

A negotiable security (receipt) that is issued by a European bank, and  that represents securities which trade on exchanges outside of the bank’s home country. Abbreviated as “EDRs”, these securities are traded on local exchanges and used by banks – and issuing companies in the U.S. and other countries - to attract investment capital from the European region.

Also known as “Euro Depository Receipts”, which may or may not imply that the euro is the currency the receipt is issued upon.EDR. A negotiable certificate held in the bank of one country representing a specific number of shares of a stock traded on an exchange of another country. American Depositary Receipts make it easier for individuals to invest in foreign companies, due to the widespread availability of price information, lower transaction costs, and timely dividend distributions. also called European Depositary Receipt. also called Global Depositary Receipt (GDR).

According to Wikipedia,A European Depositary Receipt (abbreviated EDR) represents ownership in the shares of a non-European company that trades in European financial markets. The stock of many non-European companies trade on European stock exchanges like London Stock Exchange through the use of EDRs. EDRs enable European investors to buy shares in foreign companies without the hazards or inconveniences of cross-border & cross-currency transactions. EDRs carry prices in Euro, pay dividends in Euro, and can be traded like the shares of European-based companies.