Ruby mate, just for you.BNY Mellon is the leading depositary bank, managing more sponsored depositary receipt (DR) programs than all other depositary banks combined.
As of June 30, 2017, we acted as depositary for 56% of all sponsored DR programs globally—more than 1,000 sponsored DR programs from 64 countries.DRs offer advantages to all key participants in the DR market — issuers, brokers and investors:
https://www.bnymellon.com/apac/en/what-we-do/solutions/depositary-receipts-apac/depositary-receipts-services.jsp
- Issuers: Enhanced visibility and investor exposure, flexibility for raising capital and shareholder diversification.
- Brokers: Competitive, flexible pricing and convenient settlement.
- Investors: Quotes and dividend payments in U.S. dollars, familiar trade, clearance and settlement procedures and portfolio diversification.