BRN 0.00% 16.5¢ brainchip holdings ltd

In order to begin offering ADRs, a U.S. bank must purchase...

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    In order to begin offering ADRs, a U.S. bank must purchase shares on a foreign exchange. The bank holds the stock as inventory and issues an ADR for domestic trading. ADRs list on either the New York Stock Exchange (NYSE) or the Nasdaq, but they are also soldover-the-counter(OTC).1Accumulation is for inventory for US ADRs listing

    Wonder how much $100 m and who will the market makers be ?


    Last edited by homeales: 25/10/21
 
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