DR ACCESS PRODUCTS
ABOUT CITI DEPOSITARY
RECEIPT SERVICES
INTERNATIONAL
INVESTING TRENDS
GLOBAL DR TRENDS
By Trading Value
1
By Trading Volume
1,2
Issuer
Country Exchange
YTDJune2017
Value (USDBillions)
Alibaba Group Holding Ltd
China
NYSE
$191.1
Baidu Inc
China
NASDAQ $53.1
Vale SA
Brazil
NYSE
$45.0
NetEase Inc
China
NASDAQ $42.6
JD.comInc
China
NASDAQ $39.2
Teva Pharmaceutical Industries Ltd
Israel
NYSE
$37.1
Royal Dutch Shell PLC
UK
NYSE
$35.8
Petroleo Brasileiro SA
Brazil
NYSE
$33.2
BP PLC
UK
NYSE
$27.8
Novartis AG
Switzerland NYSE
$26.7
Issuer
Country Exchange
YTDJune2017
Volume (Millions)
Vale SA
Brazil
NYSE
4,923.4
Petroleo Brasileiro SA
Brazil
NYSE
3,559.3
Ambev SA
Brazil
NYSE
2,882.6
ArcelorMittal
Luxembourg
NYSE
2,448.3
Gazprom PJSC
Russia
LSE
2,049.2
Nokia OYJ
Finland
NYSE
1,813.2
Alibaba Group Holding Ltd
China
NYSE
1,608.2
Itau Unibanco Holding SA
Brazil
NYSE
1,574.2
Banco Bradesco SA
Brazil
NYSE
1,432.2
Cemex SAB de CV
Mexico
NYSE
1,186.4
Top 10 Most Liquid DR Programs
Source: Bloomberg and Depositary Data Interchange.
1
Data as of June 30, 2017.
2
DR trading volume has been unadjusted for certain corporate
actions including stock splits, stock dividends, and rights offerings.
11
Citi Depositary Receipt Services Mid-Year 2017 Report