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Re: A deleted message

Monday, 04/24/2017 6:52:56 PM

Monday, April 24, 2017 6:52:56 PM

Post# of 1484
Yeah it's called an ORD - Brokerages make the symbol so that us investors can avoid paying a foreign transaction fee. It is true that the company has nothing to do with the listing - but the listing is still their stock.

https://www.scottrade.com/knowledge-center/help-how-to/client-website/stock-etf-trading/international-investing-adrs-and-ords.html

"When trading ADRs and ORDs, it's also important to look at the symbol to make sure you know what you're trading. All ADRs and ORDs traded in the OTC or grey market will have five-letter symbols and end in the letter F or Y. If the last letter of the symbol is F, that indicates an ORD, and if the last letter is Y, that indicates an ADR."
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