Bank of New York puts ADR info on the Web

The Bank of New York has introduced ADR Inform, a Web-based framework for clients to monitor and manage their depositary receipt programme.

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Bank of New York puts ADR info on the Web

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The bank says ADR Inform will analyse cross border broker activity, trading volume and value, and enable clients to develop shareholder identification and targeting programmes for internationally-traded equities. Issuers will additionally be able to compare and contrast the performance of their own programmes against industry and country peers or the ADR Composite Index as a whole.

BoNY currently issues depositary receipts for more than 1400 programs representing 70 countries and accounts for 67% of all public sponsored depositary receipt programs.

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