ADRs – American Depositary Receipts are share certificates issued by depositary institutions abroad and backed by Brazilian companies’ issues. ADRs are used by companies to secure funding abroad, and were developed by international financial institutions to overcome the natural barriers posed by differences in operational procedures, legal standards, and more.
ADR Depositary Institution, or Issuer
The foreign institution issuing the Depositary Receipts abroad.
Custodian Institution of the shares backing an ADR, which has been authorized by CVM to provide custody services in Brazil.
The Brazilian publicly traded corporation issuing the assets backing an ADR.
Banks, brokers, custodians or dealers
Intermediate, process and settle buy/sell/transfer instructions from investors.
what sets us apart
Regularly audited controls to ensure information security.
Service and operations expertise, including for corporate events.
Upstanding market position
A benchmark for ADR-related operations.