Global Shares

Global Registered Share

Shares that trade on multiple exchanges with different currencies. For example, if a publicly-traded company issues shares in dollars on the New York Stock Exchange and in pounds on the London Stock Exchange, it is issuing global registered shares. These are fairly uncommon, and are certainly less common than International Depository Receipts, whereby a company issues its shares in one currency but allows banks effectively to trade them in another. Global registered shares are also called simply global shares.

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global shares

Stock that trades in multiple currencies. For example, shares of DaimlerChrysler trade in dollars in the United States, euros in Germany, yen in Japan, and in the home currencies of several other countries. Global shares are uncommon and are different from American Depositary Shares that are claims on a firm's ordinary shares.