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Most Liquid DR Exchanges
DR Trading Value
1
DR Trading Volume
1,2
NYSE
NASDAQ
LSE
OTC
4
%
5
%
22
%
69
%
NYSE
NASDAQ
LSE
OTC
6
%
9
%
12
%
73
%
Total DR Value: $1,530.5B
Total DR Volume: 72.2B DRs Traded
DR Liquidity
Highlights
Trading Value
• Up
6%
from first half
of 2016 primarily due to
increases in DR trading
value on NYSE
•
41%
of total
from Asia-Pacific
•
44%
of total
from EMEA
•
14%
of total
from LATAM
Trading Volume
• Down
10%
from first
half of 2016 primarily
due to decreases in
DR trading volume
on NYSE
•
46%
of total
from EMEA
•
31%
of total
from LATAM
•
23%
of total
from Asia-Pacific
Global DR Liquidity (cont.)
10