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6) For next week.
Proceedings:
In order to represent shares on international exchanges we may need to model (1) depositary receipts, and (2) American depositary receipts.
A depositary receipt (DR) is a negotiable certificate issued by a bank representing shares in a foreign company traded on a local stock exchange. The depositary receipt gives investors the opportunity to hold shares in the equity of foreign countries and gives them an alternative to trading on an international market.