ADR

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

Bid

Traders can go short at the bid price.

The terminology is from the broker point of view, they are bidding to buy from you.

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Bear Raid

When bears team up to push the price of a security down, normally by short selling and/or rumours.

This is illegal.

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