Guilder Share - New York Share

外汇网2021-06-19 14:23:07 138

Shares repsenting Dutch companies that are not permitted to trade outside of national borders. Also known as a "New York share".

Taobiz explains Guilder Share - New York Share

Normally, foreign equities are traded in America as ADRs. However, the Dutch regulatory body does not permit their companies to issue ADRs linked to active home country shares (which is the normal procedure). Instead, a number of underlying home country shares are cancelled and the equivalent amount of guilder shares are issued.

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