OTC MARKETS, NOT NYSE, TRADE MOST ADRS

TODAY: July 29, 2014 PUB DATE: July 17, 2014

...Nasdaq. The number of ADRs on OTC marketplaces has increased more than 500% in the past 10 years to 1,519 at the end of last year. So far this year, companies that have moved their ADR programs to ...

Equity: China, Russia Lead DR Funding

TODAY: July 29, 2014 PUB DATE: March 2, 2014

CORPORATE FINANCING NEWS By Gordon Platt China and Russia have returned to the global equity capital markets, following a lengthy absence. China led in the number of capital raisings using depositary receipts last year, with 14 of the 51 transactions ...

Divergent Destinies In The Caucasus

Divergent Destinies In The Caucasus

TODAY: July 29, 2014 PUB DATE: March 2, 2014

...Nasdaq OMX exchange in Yerevan. “This is a very significant step for the Armenian capital market and opens the way for further capital raising in Armenia by those seeking to [lend] drams to t...

Equity: Capital Market Activity Rises

TODAY: July 29, 2014 PUB DATE: Feb. 5, 2014

...Nasdaq-listed ADR program of LM Ericsson, and for the Level 1 ADR of National Australia Bank.    

Bullish US Investors In China Shop

TODAY: July 29, 2014 PUB DATE: Jan. 6, 2014

...Nasdaq Global Market. Sungy, which makes the GO Launcher EX app for Android-based smartphones, selected J.P Morgan as depository for its ADR program. Qunar Cayman Islands, a Chinese tra...

DRs: Return On Receipts

TODAY: July 29, 2014 PUB DATE: Dec. 2, 2013

...States, is a leader in credit cards. Most of its customer base, which spreads across Russia, comes from outside of Moscow and St. Petersburg. “A significant number of Russian privatizations c...

Could the Twitter IPO suffer a Facebook moment?

TODAY: July 29, 2014 PUB DATE: Oct. 7, 2013

...Nasdaq competitor NYSE Euronext. Just with the branding concerns, I could see the company leaning to NYSE Euronext’s three-letter ticker. Nasdaq OMX’s additional character would only spell problems. I...

Equity: US JOBS Act Stimulates IPO Activity

TODAY: July 29, 2014 PUB DATE: Oct. 1, 2013

...Nasdaq, the HGS allows companies to list just 10% of their shares. It will offer a transitional route to the Daily Official List of the exchange and is an EU-regulated market. Issuers n...

GCC: Abu Dhabi's New Financial Center

TODAY: July 29, 2014 PUB DATE: Sept. 3, 2013

...Nasdaq Dubai—one of the world’s leading exchanges for sukuk. GULF COOPERATION COUNCIL - REGIONAL SUPERSECTION 2013 ...

Equity: Companies Raise More DR Capital

TODAY: July 29, 2014 PUB DATE: July 14, 2013

CORPORATE FINANCING NEWS: GLOBAL EQUITY/DRS


By Gordon Platt

The pace of capital raising using depositary receipts has accelerated sharply from last year, and the pipeline of future issues is strong, DR bankers say.

300x150 Regulars_30-Global-Equity

Much of the recent activity has ...

Equity: Brazil Leads Latin American IPO Surge

TODAY: July 29, 2014 PUB DATE: June 2, 2013

...Nasdaq Stock Market. The company selected BNY Mellon as the depositary bank. QIWI offers a virtual wallet service through its proprietary network that enables payments to be made across physical, onli...

Equity: NYSE, Mexican Exchange Top IPO Charts

TODAY: July 29, 2014 PUB DATE: May 2, 2013

...Nasdaq OMX listing. Renaissance Capital says a growing number of global companies are announcing their intentions to pursue an IPO. Notable upcoming IPOs include Everything Everywhere, ...

Equity: BRICs To Lead DRs In 2013

TODAY: July 29, 2014 PUB DATE: March 4, 2013

...Nasdaq DR trading volumes. BAIDU LEADS TRADING The overall value of DR trading fell by 29% to $2.5 trillion in 2012. The most liquid programs by trading value...

Equity: Global IPO Market Shrinks

TODAY: July 29, 2014 PUB DATE: Feb. 3, 2013

...Nasdaq. Reckitt Benckiser, the UK household products manufacturer, selected J.P. Morgan as depository for its over-the-counter ADR program. Deutsche Bank was appointed as depository for the sponsored ...

Equity: China, LatAm Could Boost IPOs

TODAY: July 29, 2014 PUB DATE: Jan. 3, 2013

...Nasdaq-listed issue rose 8% on its first day of trading. YY was the first Chinese ADR since March 2012, when Vipshop went public. YY selected Deutsche Bank as depositary for the ADRs. A...

DRs: Huge Pipeline For Asian IPOs

TODAY: July 29, 2014 PUB DATE: Dec. 6, 2012

CORPORATE FINANCING NEWS: GLOBAL EQUITY / DRS


By Gordon Platt


The Asian markets accounted for 76% of global funds raised in initial public offerings in the third quarter of 2012, and there are more than 200 Asian companies in the IPO ...

Cover: The Relevance Of Stock Exchanges

TODAY: July 29, 2014 PUB DATE: Nov. 7, 2012

IDENTITY CRISIS


By Udayan Gupta

As stock exchanges worldwide try to figure out their role going forward in corporate equity and equity capital raising, companies are starting to question whether there is still value in a public listing.

300 CoverStory_10-Stock-Exchanges_02

For both ...

Canada: Maple Group Finally Wins In TMX Takeover Battle

TODAY: July 29, 2014 PUB DATE: Sept. 4, 2012

...Nasdaq, it's unlikely that their proposal would receive regulatory approval in the U.S. Canada's Competition Bureau warned as recently as April that it had serious concerns about the Ma...