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ADR Product Suite

Do You Have the Global Reach You Need?  We Do.

We recognize that our clients need proven sophisticated capabilities to achieve their global investment strategy. ConvergEx offers you a complete solution with our suite of innovative ADR solutions. ConvergEx's advanced capabilities are coupled with 24-hour support available from our dedicated ADR Desk to help you achieve best execution of your ADR conversion trades.   

ADR Direct^®                                                                                                                                                                                                  ADR Direct allows institutional investors to trade ordinary shares overseas and to automatically convert those shares to ADRs in U.S. dollars. With ADR Direct, a client settles ADRs for the ordinary share trade through the U.S. settlement system. Where the home trading market has more liquidity than the ADR trading market, ADR Direct enables clients to effectively minimize market impact, reduce explicit trading costs and maximize returns.  

Reverse ADRs^SM                                                                                                                                                                                 Clients using Reverse ADRs can extend their local trading day into U.S. trading hours, continue to trade when there is news and diversify trading markets during the Europe/U.S. overlap. Clients trade ADRs in the U.S., receive a local currency conversion price in seconds and settle the trade in ordinary shares in the local currency, all according to the local settlement cycle.                                                                                                                                                                            

ADR Plus^SM                                                                                                                                                                                                   ADR Plus is a unique percentage-of-volume algorithmic strategy that allows clients to source liquidity for their ADR trades in both the overseas and U.S. markets. ADR Plus provides clients with access to deeper pools of liquidity and the ability to achieve better price execution without having to manage the ADR conversion process.      

ConvergEx ADR Desk                                                                                                                                                                             The ConvergEx ADR Desk provides 24-hour support for our ADR products and access to the expertise you need to guide you through ADR conversion trading. Staffed by professionals with years of experience in ADR trading, our desk focuses on providing access to U.S. trading liquidity, conversion liquidity points, foreign exchange, swap markets, odd lot and buy-in trading markets, corporate action issues and securities borrowing. ConvergEx's ADR Desk is available to clients whether they prefer high or low-touch processing of their trades.