Canadian Depositary Receipts
Canadian Depositary Receipts (CDRs) are a time-tested way for investors to access shares of foreign listed companies. Canadian Depository Receipts (CDRs) were launched in July 2021.[1][2] CDRs are designed to make it easier for Canadians to access the most popular publicly listed US companies, in Canadian Dollars, and with a built-in currency hedge. CDRs are now listed and trading on the NEO Exchange, operating as Cboe Canada.[3]
See also
References
- ^ Julie Cazzin, Nine things to know about investing in Canadian depositary receipts (CDRs), National Post, September 17, 2021, viewed Septemeber 26, 2021.
- ^ "CIBC launches industry-first Canadian Depositary Receipts ("CDRs") on the NEO Exchange". CIBC Capital Markets. July 26, 2021. Retrieved January 3, 2025.
- ^ "Canadian Depositary Receipts (CDR)". Cboe Canada. Retrieved January 3, 2025.
Further reading
- Financial Wisdom Forum topic: "Canadian Depository Receipts - CDR's (RRSP/TFSA candidates?)"
External links
- Canadian Depositary Receipts Brochure.pdf, CIBC Capital Markets