Question
sponsored adrs group of answer choices are created by a bank at the request of the foreign company that issued the underlying security. can trade on the nasdaq. can trade on the nyse. all of the options
Answer
Sponsored ADRs can trade on the NASDAQ and NYSE.
- Q: What are sponsored ADRs? A: Sponsored ADRs are created by a bank at the request of the foreign company that issued the underlying security.
- Q: What exchanges can sponsored ADRs trade on? A: Sponsored ADRs can trade on the NASDAQ and NYSE.