Convergex Expands Capabilities of ADR Conversion Trading

[kreslik.news]

Agency broker and trading systems provider ConvergEx has added new functionality to its ADR brokerage offering in a bid to enable its buy-side clients access to over 25 conversion markets.

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The agency-focused brokerage expanded capabilities of its electronic American depository receipt (ADR) trading suite which now includes fresh improvements to its ADR Direct® platform. ConvergEx’s ADR terminal also allows users to trade ordinary shares overseas and convert the shares to ADRs in US dollars. The firm claims that its annual volume of last year ... (read more)