The actual spillover of returns were present in the following markets: Mexico ADR index and the market indices of Brazil, Chile, Mexico, the United States, France and Japan.
We also found this ADR index relationship closer to the developed markets than the domestic ones in the study by Chandar et al.
Prior to joining Standard & Poor's in 2000, Alka worked for The Bank of New York where she was responsible for The Bank of New York ADR Index
. Before moving to the US, she worked in India for the State Bank of India.
"We are pleased to be launching our second ADR index
in cooperation with BNY Mellon," said R.
M2 EQUITYBITES-October 21, 2013--OTCM ADR index up in Q3(C)2013 M2 COMMUNICATIONS http://www.m2.com
21 October 2013 -- New York-based exchange operator OTC Markets Group Inc (OTCQX: OTCM) said that the OTCM ADR Index rose 11.12% in Q3 '13 to close at 1,502 on September 30 2013 compared to the MSCI EAFE which rose 9.86% during the same time period.
BANKING AND CREDIT NEWS-October 21, 2013--OTCM ADR index
up in Q3(C)2013 M2 COMMUNICATIONS http://www.m2.com
To highlight all the great ADRs trading on our marketplaces, this month we partnered with BNY Mellon, the global leader in investment management and investment services, to launch the OTCM ADR Index
, the first-ever index of ADRs traded on the OTCQB, OTCQB and OTC Pink marketplaces.
Also known as the 'Xia Yi Dai' ADR Index
, it comprises Chinese growth companies from sectors such as the Internet, alternative energy and media with primary listing in the form of depositary receipts traded on a US exchange.
Viewing it as a stimulus withdrawal by India's apex bank, an ADR index
of Indian companies in US markets fell on Friday.
announced the creation of the OTCM ADR Index
, a comprehensive index for American Depositary Receipts traded on OTCQX, OTCQB and OTC Pink marketplaces.