Page 17 - Citi Depositary Receipts Year-End 2014 report

13 Year-End 2014 Report| Global DR Trends
Unsponsored ADRs (continued)
Issuer Country 2014 Volumes
(DR Millions)
Tokyo Electron Ltd Japan 306
Eurobank Ergasias SA Greece 125
SoftBank Corp Japan 123
Tencent Holdings Ltd China 104
Glencore plc Switzerland 58
Alstom SA France 52
Banco Espirito Santo SA Portugal 45
Airbus Group NV France 40
Cie Financiere Richemont SA Switzerland 40
Piraeus Bank SA Greece 35
Top Ten Most-Liquid Programs1, 2
(As Measured by Trading Volume)
Source: Bloomberg Financial Markets and Depositary Data Interchange
Top Ten Volume Movers1, 2
Volume (DR Millions)
Issuer Country 2014 2013 Increase/(Decrease)2
Tokyo Electron Ltd Japan 306 38 268
Eurobank Ergasias SA Greece 125 0 125
SoftBank Corp Japan 123 29 94
Glencore plc Switzerland 58 3 55
Banco Espirito Santo SA Portugal 45 2 43
Piraeus Bank SA Greece 35 0 35
METRO AG Germany 30 2 28
Tencent Holdings Ltd China 104 78 27
Aberdeen Asset Management plc UK 27 0 27
Finmeccanica SpA Italy 7 31 (24)
Source: Bloomberg Financial Markets and Depositary Data Interchange
1Data as of December 15, 2014.
2Absolute change in DR Trading Volume.