Trading Basics
ADR
American Depositary Receipts or ADRs. These are shares of foreign companies listed on exchanges in the USA in dollars.
They allow US investors to get access to overseas shares without the hassle of having to exchange currency, open brokerage accounts overseas and so on.
Other Trading Basics
At The Money
A term used in options trading where the strike price of the option is similar to the current underlying spot price of the instrument.
Bearer Stocks
Ownership of shares is typically held on a register.
The owner of bearer shares do not get registered, instead they must possess the certificate the prove ownership.
Keep them safe.
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