BNY Mellon's comprehensive depositary receipt (DR) services cover everything from efficient administration through support for investor relations strategies down to specific secondary market support. Our excellent understanding of the needs of issuers, investors and brokers is based on proactive cooperation with them. This three-pronged approach enables us to generate sustainable added value by taking into account the needs of everyone involved.
As a depositary agent, we create the technical environment for trading securities issued by non-U.S. companies on the U.S. market (ADRs) and in financial centres worldwide (GDRs). We also provide a wide range of services for issuers, investors and intermediaries in this area.
Stock corporations use depositary receipts to increase awareness of their brands beyond the borders of their domestic markets. In addition, depositary receipts often have a positive influence on securities prices. Depending on the type of depositary receipts involved, issuers can also use them to raise capital (Level III DR programme). Depositary receipts are a practical way for international investors to diversify their portfolios to include global investments.